Tonghua Grape Wine Co.,Ltd. Posted 71.4 Million Yuan Net Loss in First Half of 2023

Tonghua Grape Wine Co.,Ltd. (通化葡萄酒股份有限公司) (600365.SH) reported a net loss of 71.4 million yuan in the first half of 2023, widening 603.4% year-on-year.

Meanwhile, the company posted 415.9 million yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 853.5 million yuan in total assets and 575 million yuan in total liabilities, with a liability-to-asset ratio of 67.4%.