Changzhou Tiansheng New Materials Group Co.,Ltd. Posted 21.2 Million Yuan Net Loss in First Half of 2023

Changzhou Tiansheng New Materials Group Co.,Ltd. (常州天晟新材料集团股份有限公司) (300169.SZ) reported a net loss of 21.2 million yuan in the first half of 2023, widening 7.7% year-on-year.

Meanwhile, the company posted 246.3 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 81.1%.