Shandong Oriental Ocean Sci-Tech Co.,Ltd. Posted 21.6 Million Yuan Net Loss in First Half of 2023

Shandong Oriental Ocean Sci-Tech Co.,Ltd. (山东东方海洋科技股份有限公司) (002086.SZ) reported a net loss of 21.6 million yuan in the first half of 2023, widening 203.2% year-on-year.

Meanwhile, the company posted 233.4 million yuan in revenue, down 25.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 157.6%.