Hunan Zhenghong Science And Technology Develop Co.,Ltd. Posted 73.8 Million Yuan Net Loss in First Half of 2023

Hunan Zhenghong Science And Technology Develop Co.,Ltd. (湖南正虹科技发展股份有限公司) (000702.SZ) reported a net loss of 73.8 million yuan in the first half of 2023, narrowing 23.9% year-on-year.

Meanwhile, the company posted 610 million yuan in revenue, up 22.6% year-on-year.

At the end of the reporting period, it had 767.4 million yuan in total assets and 723.3 million yuan in total liabilities, with a liability-to-asset ratio of 94.3%.