Anshan Hifichem Co.,Ltd. Posted 7.4 Million Yuan Net Loss in First Half of 2023

Anshan Hifichem Co.,Ltd. (鞍山七彩化学股份有限公司) (300758.SZ) reported a net loss of 7.4 million yuan in the first half of 2023, reversing a net profit of 34 million yuan for the same period in the previous year.

Meanwhile, the company posted 571.6 million yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.