Shanying International Holdings Co.,Ltd. Posted 334.1 Million Yuan Net Loss in First Half of 2023

Shanying International Holdings Co.,Ltd. (山鹰国际控股股份公司) (600567.SH) reported a net loss of 334.1 million yuan in the first half of 2023, reversing a net profit of 84.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 13.7 billion yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 55.8 billion yuan in total assets and 40.4 billion yuan in total liabilities, with a liability-to-asset ratio of 72.4%.