Tecon Biology Co.,Ltd. Posted 520.4 Million Yuan Net Loss in First Half of 2023

Tecon Biology Co.,Ltd. (天康生物股份有限公司) (002100.SZ) reported a net loss of 520.4 million yuan in the first half of 2023, widening 221% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, up 11.9% year-on-year.

At the end of the reporting period, it had 18.5 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.