Suzhou Keda Technology Co.,Ltd. Posted 185.2 Million Yuan Net Loss in First Half of 2023

Suzhou Keda Technology Co.,Ltd. (苏州科达科技股份有限公司) (603660.SH) reported a net loss of 185.2 million yuan in the first half of 2023, narrowing 32% year-on-year.

Meanwhile, the company posted 806.4 million yuan in revenue, up 5.9% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.