Jiangxi Tianli Technology,Inc. Posted 2 Million Yuan Net Loss in First Half of 2023

Jiangxi Tianli Technology,Inc. (江西天利科技股份有限公司) (300399.SZ) reported a net loss of 2 million yuan in the first half of 2023, reversing a net profit of 1.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 214.4 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 534.2 million yuan in total assets and 42.1 million yuan in total liabilities, with a liability-to-asset ratio of 7.9%.