Thinker Agricultural Machinery Co.,Ltd. Posted 5.5 Million Yuan Net Loss in First Half of 2023

Thinker Agricultural Machinery Co.,Ltd. (星光农机股份有限公司) (603789.SH) reported a net loss of 5.5 million yuan in the first half of 2023, narrowing 69.9% year-on-year.

Meanwhile, the company posted 108.2 million yuan in revenue, down 39.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 652.5 million yuan in total liabilities, with a liability-to-asset ratio of 55.8%.