Elec-Tech International Co.,Ltd. Posted 133.8 Million Yuan Net Loss in First Half of 2023

Elec-Tech International Co.,Ltd. (安徽德豪润达电气股份有限公司) (002005.SZ) reported a net loss of 133.8 million yuan in the first half of 2023, narrowing 15.5% year-on-year.

Meanwhile, the company posted 381.4 million yuan in revenue, down 46.4% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.