Changzhou Nrb Corporation Posted 49.8 Million Yuan Net Loss in First Half of 2023

Changzhou Nrb Corporation (常州光洋轴承股份有限公司) (002708.SZ) reported a net loss of 49.8 million yuan in the first half of 2023, narrowing 40.6% year-on-year.

Meanwhile, the company posted 796.7 million yuan in revenue, up 25.2% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.