Ob Telecom Electronics Co.,Ltd. Posted 25.6 Million Yuan Net Loss in First Half of 2023

Ob Telecom Electronics Co.,Ltd. (杭州中威电子股份有限公司) (300270.SZ) reported a net loss of 25.6 million yuan in the first half of 2023, widening 90.3% year-on-year.

Meanwhile, the company posted 82.6 million yuan in revenue, up 16% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 284.5 million yuan in total liabilities, with a liability-to-asset ratio of 28%.