Jiangsu Gian Technology Co.,Ltd. Posted 39.5 Million Yuan Net Loss in First Half of 2023

Jiangsu Gian Technology Co.,Ltd. (江苏精研科技股份有限公司) (300709.SZ) reported a net loss of 39.5 million yuan in the first half of 2023, reversing a net profit of 20.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 782.5 million yuan in revenue, down 21.8% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.