Efort Intelligent Equipment Co.,Ltd. Posted 59.4 Million Yuan Net Loss in First Half of 2023

Efort Intelligent Equipment Co.,Ltd. (埃夫特智能装备股份有限公司) (688165.SH) reported a net loss of 59.4 million yuan in the first half of 2023, narrowing 17.7% year-on-year.

Meanwhile, the company posted 893.5 million yuan in revenue, up 46.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.