Hynar Water Group Co.,Ltd. Posted 12.5 Million Yuan Net Loss in First Half of 2023

Hynar Water Group Co.,Ltd. (深水海纳水务集团股份有限公司) (300961.SZ) reported a net loss of 12.5 million yuan in the first half of 2023, reversing a net profit of 10.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 219.9 million yuan in revenue, down 9.6% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.