Shandong Yabo Technology Co.,Ltd. Posted 16.6 Million Yuan Net Loss in First Half of 2023

Shandong Yabo Technology Co.,Ltd. (江苏雅百特科技股份有限公司) (002323.SZ) reported a net loss of 16.6 million yuan in the first half of 2023, reversing a net profit of 42 million yuan for the same period in the previous year.

Meanwhile, the company posted 230.8 million yuan in revenue, down 36.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 489.3 million yuan in total liabilities, with a liability-to-asset ratio of 43%.