Guangdong Saca Precision Manufacturing Co.,Ltd. Posted 18.9 Million Yuan Net Loss in First Half of 2023

Guangdong Saca Precision Manufacturing Co.,Ltd. (广东星徽精密制造股份有限公司) (300464.SZ) reported a net loss of 18.9 million yuan in the first half of 2023, widening 79.5% year-on-year.

Meanwhile, the company posted 849.1 million yuan in revenue, down 32.4% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 93.5%.