Suzhou Goldengreen Technologies Ltd. Posted 4.8 Million Yuan Net Loss in First Half of 2023

Suzhou Goldengreen Technologies Ltd. (苏州恒久光电科技股份有限公司) (002808.SZ) reported a net loss of 4.8 million yuan in the first half of 2023, reversing a net profit of 893,353 yuan for the same period in the previous year.

Meanwhile, the company posted 67.8 million yuan in revenue, down 18% year-on-year.

At the end of the reporting period, it had 517.5 million yuan in total assets and 130.9 million yuan in total liabilities, with a liability-to-asset ratio of 25.3%.