Anhui Zotye Automobile Co.,Ltd. Posted 283.2 Million Yuan Net Loss in First Half of 2023

Anhui Zotye Automobile Co.,Ltd. (众泰汽车股份有限公司) (000980.SZ) reported a net loss of 283.2 million yuan in the first half of 2023, widening 1.7% year-on-year.

Meanwhile, the company posted 371 million yuan in revenue, up 24.5% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.7%.