Shenzhen Auto Electric Power Plant Co.,Ltd. Posted 20.3 Million Yuan Net Loss in First Half of 2023

Shenzhen Auto Electric Power Plant Co.,Ltd. (深圳奥特迅电力设备股份有限公司) (002227.SZ) reported a net loss of 20.3 million yuan in the first half of 2023, widening 43.1% year-on-year.

Meanwhile, the company posted 143.2 million yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 470.1 million yuan in total liabilities, with a liability-to-asset ratio of 30.5%.