Hongbo Co.,Ltd. Posted 18.4 Million Yuan Net Loss in First Half of 2023

Hongbo Co.,Ltd. (鸿博股份有限公司) (002229.SZ) reported a net loss of 18.4 million yuan in the first half of 2023, narrowing 42.2% year-on-year.

Meanwhile, the company posted 292.4 million yuan in revenue, up 25.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 796.4 million yuan in total liabilities, with a liability-to-asset ratio of 32.1%.