Guizhou Changzheng Tiancheng Holding Co.,Ltd. Posted 63.4 Million Yuan Net Loss in First Half of 2023

Guizhou Changzheng Tiancheng Holding Co.,Ltd. (贵州长征天成控股股份有限公司) (600112.SH) reported a net loss of 63.4 million yuan in the first half of 2023, reversing a net profit of 7.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 65 million yuan in revenue, up 212.4% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 96.4%.