Guangzhou Haozhi Industrial Co.,Ltd. Posted 14.8 Million Yuan Net Loss in First Half of 2023

Guangzhou Haozhi Industrial Co.,Ltd. (广州市昊志机电股份有限公司) (300503.SZ) reported a net loss of 14.8 million yuan in the first half of 2023, reversing a net profit of 35.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 468.1 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.