Datang Telecom Technology Co.,Ltd. Posted 68 Million Yuan Net Loss in First Half of 2023

Datang Telecom Technology Co.,Ltd. (大唐电信科技股份有限公司) (600198.SH) reported a net loss of 68 million yuan in the first half of 2023, reversing a net profit of 18.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 426.4 million yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.