Nanjing Chemical Fibre Co.,Ltd. Posted 58.6 Million Yuan Net Loss in First Half of 2023

Nanjing Chemical Fibre Co.,Ltd. (南京化纤股份有限公司) (600889.SH) reported a net loss of 58.6 million yuan in the first half of 2023, narrowing 7.2% year-on-year.

Meanwhile, the company posted 264.1 million yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 711.6 million yuan in total liabilities, with a liability-to-asset ratio of 40%.