Jilin Yatai(Group) Co.,Ltd. Posted 1.1 Billion Yuan Net Loss in First Half of 2023

Jilin Yatai(Group) Co.,Ltd. (吉林亚泰(集团)股份有限公司) (600881.SH) reported a net loss of 1.1 billion yuan in the first half of 2023, widening 58.7% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, down 33.8% year-on-year.

At the end of the reporting period, it had 51.6 billion yuan in total assets and 40.8 billion yuan in total liabilities, with a liability-to-asset ratio of 79.1%.