Guilin Tourism Co.,Ltd. Posted 5.5 Million Yuan Net Loss in First Half of 2023

Guilin Tourism Co.,Ltd. (桂林旅游股份有限公司) (000978.SZ) reported a net loss of 5.5 million yuan in the first half of 2023, narrowing 96.1% year-on-year.

Meanwhile, the company posted 195.9 million yuan in revenue, up 389.7% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 47.3%.