Xin Jinag Korla Pear Co.,Ltd. Posted 17.6 Million Yuan Net Loss in First Half of 2023

Xin Jinag Korla Pear Co.,Ltd. (统一低碳科技(新疆)股份有限公司) (600506.SH) reported a net loss of 17.6 million yuan in the first half of 2023, narrowing 56.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 80.1%.