China Greatwall Technology Group Co.,Ltd. Posted 593.8 Million Yuan Net Loss in First Half of 2023

China Greatwall Technology Group Co.,Ltd. (中国长城科技集团股份有限公司) (000066.SZ) reported a net loss of 593.8 million yuan in the first half of 2023, widening 134.2% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, down 21.7% year-on-year.

At the end of the reporting period, it had 32.9 billion yuan in total assets and 18.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.