Sinocelltech Group Limited Posted 138.1 Million Yuan Net Loss in First Half of 2023

Sinocelltech Group Limited (北京神州细胞生物技术集团股份公司) (688520.SH) reported a net loss of 138.1 million yuan in the first half of 2023, narrowing 44.9% year-on-year.

Meanwhile, the company posted 808.1 million yuan in revenue, up 114.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 113.1%.