Orient Group Incorporation Posted 183.7 Million Yuan Net Loss in First Half of 2023

Orient Group Incorporation (东方集团股份有限公司) (600811.SH) reported a net loss of 183.7 million yuan in the first half of 2023, widening 342.4% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 35.2% year-on-year.

At the end of the reporting period, it had 40.3 billion yuan in total assets and 22.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.