Changchun Yidong Clutch Co.,Ltd. Posted 2.3 Million Yuan Net Loss in First Half of 2023

Changchun Yidong Clutch Co.,Ltd. (长春一东离合器股份有限公司) (600148.SH) reported a net loss of 2.3 million yuan in the first half of 2023, reversing a net profit of 5.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 356.6 million yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 597.7 million yuan in total liabilities, with a liability-to-asset ratio of 50%.