Wuxi Delinhai Environmental Technology Co.,Ltd. Posted 5.9 Million Yuan Net Loss in First Half of 2023

Wuxi Delinhai Environmental Technology Co.,Ltd. (无锡德林海环保科技股份有限公司) (688069.SH) reported a net loss of 5.9 million yuan in the first half of 2023, reversing a net profit of 41.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 105.7 million yuan in revenue, down 44.6% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 222.5 million yuan in total liabilities, with a liability-to-asset ratio of 13.4%.