Hylink Digital Solution Co.,Ltd. Posted 48.7 Million Yuan Net Loss in First Half of 2023

Hylink Digital Solution Co.,Ltd. (华扬联众数字技术股份有限公司) (603825.SH) reported a net loss of 48.7 million yuan in the first half of 2023, reversing a net profit of 49.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 3 billion yuan in revenue, down 29.5% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 68.5%.