Y.U.D.Yangtze River Investment Industry Co.,Ltd. Posted 548,413 Yuan Net Loss in First Half of 2023

Y.U.D.Yangtze River Investment Industry Co.,Ltd. (长发集团长江投资实业股份有限公司) (600119.SH) reported a net loss of 548,413 yuan in the first half of 2023, narrowing 88.7% year-on-year.

Meanwhile, the company posted 383.2 million yuan in revenue, down 43.5% year-on-year.

At the end of the reporting period, it had 768.9 million yuan in total assets and 413 million yuan in total liabilities, with a liability-to-asset ratio of 53.7%.