Ganzhou Yihao New Materials Co.,Ltd. Posted 11.1 Million Yuan Net Loss in First Half of 2023

Ganzhou Yihao New Materials Co.,Ltd. (赣州逸豪新材料股份有限公司) (301176.SZ) reported a net loss of 11.1 million yuan in the first half of 2023, reversing a net profit of 55 million yuan for the same period in the previous year.

Meanwhile, the company posted 594.3 million yuan in revenue, down 21.1% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 490.6 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.