Strait Innovation Internet Co.,Ltd. Posted 74.7 Million Yuan Net Loss in First Half of 2023

Strait Innovation Internet Co.,Ltd. (海峡创新互联网股份有限公司) (300300.SZ) reported a net loss of 74.7 million yuan in the first half of 2023, widening 21.6% year-on-year.

Meanwhile, the company posted 64.3 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 72%.