Hainan Ruize New Building Meterial Co.,Ltd. Posted 87.9 Million Yuan Net Loss in First Half of 2023

Hainan Ruize New Building Meterial Co.,Ltd. (海南瑞泽新型建材股份有限公司) (002596.SZ) reported a net loss of 87.9 million yuan in the first half of 2023, narrowing 20.8% year-on-year.

Meanwhile, the company posted 784.8 million yuan in revenue, down 21.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.