Anhui Ankai Automobile Co.,Ltd. Posted 69.7 Million Yuan Net Loss in First Half of 2023

Anhui Ankai Automobile Co.,Ltd. (安徽安凯汽车股份有限公司) (000868.SZ) reported a net loss of 69.7 million yuan in the first half of 2023, narrowing 37.6% year-on-year.

Meanwhile, the company posted 745.8 million yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71%.