Suzhou Victory Precision Manufacture Co.,Ltd. Posted 98 Million Yuan Net Loss in First Half of 2023

Suzhou Victory Precision Manufacture Co.,Ltd. (苏州胜利精密制造科技股份有限公司) (002426.SZ) reported a net loss of 98 million yuan in the first half of 2023, widening 107.1% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 18.1% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.