Shanghai Kinlita Chemical Co.,Ltd. Posted 650,495 Yuan Net Loss in First Half of 2023

Shanghai Kinlita Chemical Co.,Ltd. (上海金力泰化工股份有限公司) (300225.SZ) reported a net loss of 650,495 yuan in the first half of 2023, narrowing 98.9% year-on-year.

Meanwhile, the company posted 352.1 million yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 395.7 million yuan in total liabilities, with a liability-to-asset ratio of 34%.