Fujian Foxit Software Development Joint Stock Co.,Ltd. Posted 47.5 Million Yuan Net Loss in First Half of 2023

Fujian Foxit Software Development Joint Stock Co.,Ltd. (福建福昕软件开发股份有限公司) (688095.SH) reported a net loss of 47.5 million yuan in the first half of 2023, reversing a net profit of 20.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 286.1 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 404.6 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.