Weifang Yaxing Chemical Co.,Ltd. Posted 46.3 Million Yuan Net Loss in First Half of 2023

Weifang Yaxing Chemical Co.,Ltd. (潍坊亚星化学股份有限公司) (600319.SH) reported a net loss of 46.3 million yuan in the first half of 2023, reversing a net profit of 29.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 418.9 million yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 73.4%.