Rongfeng Holding Group Co.,Ltd. Posted 30.9 Million Yuan Net Loss in First Half of 2023

Rongfeng Holding Group Co.,Ltd. (荣丰控股集团股份有限公司) (000668.SZ) reported a net loss of 30.9 million yuan in the first half of 2023, reversing a net profit of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 21.7 million yuan in revenue, down 93.1% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 860.1 million yuan in total liabilities, with a liability-to-asset ratio of 40.3%.