Jiangxi Selon Industrial Co.,Ltd. Posted 8.7 Million Yuan Net Loss in First Half of 2023

Jiangxi Selon Industrial Co.,Ltd. (江西世龙实业股份有限公司) (002748.SZ) reported a net loss of 8.7 million yuan in the first half of 2023, reversing a net profit of 111 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 25.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 677.9 million yuan in total liabilities, with a liability-to-asset ratio of 33.9%.