Jiangxi Zhengbang Technology Co.,Ltd. Posted 2.1 Billion Yuan Net Loss in First Half of 2023

Jiangxi Zhengbang Technology Co.,Ltd. (江西正邦科技股份有限公司) (002157.SZ) reported a net loss of 2.1 billion yuan in the first half of 2023, narrowing 56.9% year-on-year.

Meanwhile, the company posted 4.2 billion yuan in revenue, down 58.8% year-on-year.

At the end of the reporting period, it had 21.6 billion yuan in total assets and 34.6 billion yuan in total liabilities, with a liability-to-asset ratio of 160.1%.