Shaanxi Construction Machinery Co.,Ltd. Posted 223.8 Million Yuan Net Loss in First Half of 2023

Shaanxi Construction Machinery Co.,Ltd. (陕西建设机械股份有限公司) (600984.SH) reported a net loss of 223.8 million yuan in the first half of 2023, widening 245.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 11.7% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.