Guangdong Highsun Group Co.,Ltd. Posted 95.5 Million Yuan Net Loss in First Half of 2023

Guangdong Highsun Group Co.,Ltd. (广东海印集团股份有限公司) (000861.SZ) reported a net loss of 95.5 million yuan in the first half of 2023, reversing a net profit of 55.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 452.9 million yuan in revenue, down 26.9% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 62%.