Shen Ma Industry Co.,Ltd. Posted 4.5 Million Yuan Net Loss in First Half of 2023

Shen Ma Industry Co.,Ltd. (神马实业股份有限公司) (600810.SH) reported a net loss of 4.5 million yuan in the first half of 2023, reversing a net profit of 567 million yuan for the same period in the previous year.

Meanwhile, the company posted 5.7 billion yuan in revenue, down 25.4% year-on-year.

At the end of the reporting period, it had 30.1 billion yuan in total assets and 19.6 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.