Fujian Superpipe Co.,Ltd. Posted 48.8 Million Yuan Net Loss in First Half of 2023

Fujian Superpipe Co.,Ltd. (福建纳川管材科技股份有限公司) (300198.SZ) reported a net loss of 48.8 million yuan in the first half of 2023, widening 18.8% year-on-year.

Meanwhile, the company posted 179.5 million yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.