Jonjee Hi-Tech Industrial&Commercial Holding Co.,Ltd. Posted 1.4 Billion Yuan Net Loss in First Half of 2023

Jonjee Hi-Tech Industrial&Commercial Holding Co.,Ltd. (中炬高新技术实业(集团)股份有限公司) (600872.SH) reported a net loss of 1.4 billion yuan in the first half of 2023, reversing a net profit of 333.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 0.1% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.6%.