Hanghai Belling Co.,Ltd. Posted 63.3 Million Yuan Net Loss in First Half of 2023

Hanghai Belling Co.,Ltd. (上海贝岭股份有限公司) (600171.SH) reported a net loss of 63.3 million yuan in the first half of 2023, reversing a net profit of 301.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 873.2 million yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 717.4 million yuan in total liabilities, with a liability-to-asset ratio of 15%.