Suzhou Yangtze New Materials Co.,Ltd. Posted 13 Million Yuan Net Loss in First Half of 2023

Suzhou Yangtze New Materials Co.,Ltd. (苏州扬子江新型材料股份有限公司) (002652.SZ) reported a net loss of 13 million yuan in the first half of 2023, narrowing 21.7% year-on-year.

Meanwhile, the company posted 225.5 million yuan in revenue, down 1.8% year-on-year.

At the end of the reporting period, it had 511.9 million yuan in total assets and 297.6 million yuan in total liabilities, with a liability-to-asset ratio of 58.1%.