Bohai Automotive Systems Co.,Ltd. Posted 48.5 Million Yuan Net Loss in First Half of 2023

Bohai Automotive Systems Co.,Ltd. (渤海汽车系统股份有限公司) (600960.SH) reported a net loss of 48.5 million yuan in the first half of 2023, narrowing 19.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 7.4 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 38.6%.