Beijing Haitian Ruisheng Science Technology Ltd. Posted 17.2 Million Yuan Net Loss in First Half of 2023

Beijing Haitian Ruisheng Science Technology Ltd. (北京海天瑞声科技股份有限公司) (688787.SH) reported a net loss of 17.2 million yuan in the first half of 2023, reversing a net profit of 19.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 74.5 million yuan in revenue, down 35.1% year-on-year.

At the end of the reporting period, it had 826 million yuan in total assets and 28.2 million yuan in total liabilities, with a liability-to-asset ratio of 3.4%.