Yantai Shuangta Food Co.,Ltd. Posted 69.1 Million Yuan Net Loss in First Half of 2023

Yantai Shuangta Food Co.,Ltd. (烟台双塔食品股份有限公司) (002481.SZ) reported a net loss of 69.1 million yuan in the first half of 2023, widening 512.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 14.3% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 36.2%.