Beijing Jingwei Hirain Technologies Co.,Ltd. Posted 89.1 Million Yuan Net Loss in First Half of 2023

Beijing Jingwei Hirain Technologies Co.,Ltd. (北京经纬恒润科技股份有限公司) (688326.SH) reported a net loss of 89.1 million yuan in the first half of 2023, reversing a net profit of 100.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 1.6% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.