Beijing North Star Company Limited Posted 30.5 Million Yuan Net Loss in First Half of 2023

Beijing North Star Company Limited (北京北辰实业股份有限公司) (601588.SH) reported a net loss of 30.5 million yuan in the first half of 2023, narrowing 93.4% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, up 6.3% year-on-year.

At the end of the reporting period, it had 64.5 billion yuan in total assets and 48.6 billion yuan in total liabilities, with a liability-to-asset ratio of 75.3%.