Ningbo Yunsheng Co.,Ltd. Posted 185.6 Million Yuan Net Loss in First Half of 2023

Ningbo Yunsheng Co.,Ltd. (宁波韵升股份有限公司) (600366.SH) reported a net loss of 185.6 million yuan in the first half of 2023, reversing a net profit of 240.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 35.6%.