Shanghai Shenda Co.,Ltd. Posted 210 Million Yuan Net Loss in First Half of 2023

Shanghai Shenda Co.,Ltd. (上海申达股份有限公司) (600626.SH) reported a net loss of 210 million yuan in the first half of 2023, narrowing 9.3% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.