Xi'An Tianhe Defense Technology Co.,Ltd. Posted 57.1 Million Yuan Net Loss in First Half of 2023

Xi"An Tianhe Defense Technology Co.,Ltd. (西安天和防务技术股份有限公司) (300397.SZ) reported a net loss of 57.1 million yuan in the first half of 2023, widening 137.4% year-on-year.

Meanwhile, the company posted 195.2 million yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 848.9 million yuan in total liabilities, with a liability-to-asset ratio of 32.3%.