Qingdao Doublestar Co.,Ltd. Posted 153.4 Million Yuan Net Loss in First Half of 2023

Qingdao Doublestar Co.,Ltd. (青岛双星股份有限公司) (000599.SZ) reported a net loss of 153.4 million yuan in the first half of 2023, narrowing 54% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 15.7% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.