Citychamp Dartong Co.,Ltd. Posted 49.5 Million Yuan Net Loss in First Half of 2023

Citychamp Dartong Co.,Ltd. (冠城大通股份有限公司) (600067.SH) reported a net loss of 49.5 million yuan in the first half of 2023, reversing a net profit of 133.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 41.5% year-on-year.

At the end of the reporting period, it had 22.6 billion yuan in total assets and 14.3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.