Guangdong Hec Technology Holding Co.,Ltd. Posted 176.9 Million Yuan Net Loss in First Half of 2023

Guangdong Hec Technology Holding Co.,Ltd. (广东东阳光科技控股股份有限公司) (600673.SH) reported a net loss of 176.9 million yuan in the first half of 2023, reversing a net profit of 651.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 5.3 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 25.5 billion yuan in total assets and 14.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.