Huayi Electric Company Limited Posted 81.1 Million Yuan Net Loss in First Half of 2023

Huayi Electric Company Limited (华仪电气股份有限公司) (600290.SH) reported a net loss of 81.1 million yuan in the first half of 2023, widening 6.1% year-on-year.

Meanwhile, the company posted 119.2 million yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 103.2%.