Lianchuang Electronic Technology Co.,Ltd. Posted 298.6 Million Yuan Net Loss in First Half of 2023

Lianchuang Electronic Technology Co.,Ltd. (联创电子科技股份有限公司) (002036.SZ) reported a net loss of 298.6 million yuan in the first half of 2023, reversing a net profit of 106.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.2 billion yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 11.5 billion yuan in total liabilities, with a liability-to-asset ratio of 72.8%.