Cashway Fintech Co.,Ltd. Posted 43.5 Million Yuan Net Loss in First Half of 2023

Cashway Fintech Co.,Ltd. (恒银金融科技股份有限公司) (603106.SH) reported a net loss of 43.5 million yuan in the first half of 2023, narrowing 5.4% year-on-year.

Meanwhile, the company posted 214.3 million yuan in revenue, down 11.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 579.3 million yuan in total liabilities, with a liability-to-asset ratio of 28.8%.