Nationz Technologies Co.,Ltd. Posted 238.7 Million Yuan Net Loss in First Half of 2023

Nationz Technologies Co.,Ltd. (国民技术股份有限公司) (300077.SZ) reported a net loss of 238.7 million yuan in the first half of 2023, reversing a net profit of 40.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 465.3 million yuan in revenue, down 27% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.