Anhui Ronds Science&Technology Incorporated Company Posted 1.2 Million Yuan Net Loss in First Half of 2023

Anhui Ronds Science&Technology Incorporated Company (安徽容知日新科技股份有限公司) (688768.SH) reported a net loss of 1.2 million yuan in the first half of 2023, reversing a net profit of 33.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 206 million yuan in revenue, down 1.6% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 218.8 million yuan in total liabilities, with a liability-to-asset ratio of 22.7%.