Boe Technology Group Co.,Ltd. Posted 1.7 Billion Yuan Net Loss in First Half of 2023

Boe Technology Group Co.,Ltd. (京东方科技集团股份有限公司) (000725.SZ) reported a net loss of 1.7 billion yuan in the first half of 2023, reversing a net profit of 3.2 billion yuan for the same period in the previous year.

Meanwhile, the company posted 80.2 billion yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 409.4 billion yuan in total assets and 215.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.6%.