Beijing Aerospace Changfeng Co.,Ltd. Posted 43.6 Million Yuan Net Loss in First Half of 2023

Beijing Aerospace Changfeng Co.,Ltd. (北京航天长峰股份有限公司) (600855.SH) reported a net loss of 43.6 million yuan in the first half of 2023, widening 54.5% year-on-year.

Meanwhile, the company posted 550.5 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.