Beijing Kaiwen Education Technology Co.,Ltd. Posted 19.8 Million Yuan Net Loss in First Half of 2023

Beijing Kaiwen Education Technology Co.,Ltd. (北京凯文德信教育科技股份有限公司) (002659.SZ) reported a net loss of 19.8 million yuan in the first half of 2023, narrowing 63.4% year-on-year.

Meanwhile, the company posted 128 million yuan in revenue, up 114.1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 884.3 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.