Sichuan Xinjinlu Group Co.,Ltd. Posted 58 Million Yuan Net Loss in First Half of 2023

Sichuan Xinjinlu Group Co.,Ltd. (四川新金路集团股份有限公司) (000510.SZ) reported a net loss of 58 million yuan in the first half of 2023, reversing a net profit of 52 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.