Zhanjiang Guolian Aquatic Products Co.,Ltd. Posted 184 Million Yuan Net Loss in First Half of 2023

Zhanjiang Guolian Aquatic Products Co.,Ltd. (湛江国联水产开发股份有限公司) (300094.SZ) reported a net loss of 184 million yuan in the first half of 2023, reversing a net profit of 33.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 11.7% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.