Kingland Technology Co.,Ltd. Posted 772.4 Million Yuan Net Loss in First Half of 2023

Kingland Technology Co.,Ltd. (京蓝科技股份有限公司) (000711.SZ) reported a net loss of 772.4 million yuan in the first half of 2023, widening 168.3% year-on-year.

Meanwhile, the company posted 102 million yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 117.7%.