Shanghai Fudan Forward S&T Co.,Ltd. Posted 16.6 Million Yuan Net Loss in First Half of 2023

Shanghai Fudan Forward S&T Co.,Ltd. (上海复旦复华科技股份有限公司) (600624.SH) reported a net loss of 16.6 million yuan in the first half of 2023, reversing a net profit of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 350.2 million yuan in revenue, down 6.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 931.3 million yuan in total liabilities, with a liability-to-asset ratio of 50.2%.