Shenzhen Hello Tech Energy Co.,Ltd. Posted 51 Million Yuan Net Loss in First Half of 2023

Shenzhen Hello Tech Energy Co.,Ltd. (深圳市华宝新能源股份有限公司) (301327.SZ) reported a net loss of 51 million yuan in the first half of 2023, reversing a net profit of 160.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 921.2 million yuan in revenue, down 29.9% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 16.1%.