Wuhan Huazhong Numerical Control Co.,Ltd. Posted 40.5 Million Yuan Net Loss in First Half of 2023

Wuhan Huazhong Numerical Control Co.,Ltd. (武汉华中数控股份有限公司) (300161.SZ) reported a net loss of 40.5 million yuan in the first half of 2023, narrowing 42% year-on-year.

Meanwhile, the company posted 886.1 million yuan in revenue, up 41.3% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.