Luoniushan Co.,Ltd. Posted 126.8 Million Yuan Net Loss in First Half of 2023

Luoniushan Co.,Ltd. (罗牛山股份有限公司) (000735.SZ) reported a net loss of 126.8 million yuan in the first half of 2023, widening 1483.5% year-on-year.

Meanwhile, the company posted 2.1 billion yuan in revenue, up 81.7% year-on-year.

At the end of the reporting period, it had 12.4 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.1%.