Fs Development Investment Holdings Posted 22.6 Million Yuan Net Loss in First Half of 2023

Fs Development Investment Holdings (北京福石控股发展股份有限公司) (300071.SZ) reported a net loss of 22.6 million yuan in the first half of 2023, reversing a net profit of 34.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 611.2 million yuan in revenue, up 12.8% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 79.6%.