Liaoning Sg Automotive Group Co.,Ltd. Posted 164.9 Million Yuan Net Loss in First Half of 2023

Liaoning Sg Automotive Group Co.,Ltd. (辽宁曙光汽车集团股份有限公司) (600303.SH) reported a net loss of 164.9 million yuan in the first half of 2023, widening 57.1% year-on-year.

Meanwhile, the company posted 656.7 million yuan in revenue, down 23.3% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.