Shenzhen Kingsino Technology Co.,Ltd. Posted 227.5 Million Yuan Net Loss in First Half of 2023

Shenzhen Kingsino Technology Co.,Ltd. (深圳市金新农科技股份有限公司) (002548.SZ) reported a net loss of 227.5 million yuan in the first half of 2023, widening 3% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 70.4%.