Jiang Su Hua Sheng Tian Long Photoelectric Equipment Co.,Ltd. Posted 11.7 Million Yuan Net Loss in First Half of 2023

Jiang Su Hua Sheng Tian Long Photoelectric Equipment Co.,Ltd. (江苏华盛天龙光电设备股份有限公司) (300029.SZ) reported a net loss of 11.7 million yuan in the first half of 2023, reversing a net profit of 32.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 171.9 million yuan in revenue, up 195.5% year-on-year.

At the end of the reporting period, it had 311.1 million yuan in total assets and 292.9 million yuan in total liabilities, with a liability-to-asset ratio of 94.2%.