Langfang Development Co.,Ltd. Posted 6.5 Million Yuan Net Loss in First Half of 2023

Langfang Development Co.,Ltd. (廊坊发展股份有限公司) (600149.SH) reported a net loss of 6.5 million yuan in the first half of 2023, narrowing 64.3% year-on-year.

Meanwhile, the company posted 98.4 million yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 564.3 million yuan in total assets and 327.1 million yuan in total liabilities, with a liability-to-asset ratio of 58%.