Rayitek Hi-Tech Film Company Ltd.,Shenzhen Posted 7.9 Million Yuan Net Loss in First Half of 2023

Rayitek Hi-Tech Film Company Ltd.,Shenzhen (深圳瑞华泰薄膜科技股份有限公司) (688323.SH) reported a net loss of 7.9 million yuan in the first half of 2023, reversing a net profit of 27.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 122 million yuan in revenue, down 24.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 57.4%.