Yangzhou Asiastar Bus Co.,Ltd. Posted 57.4 Million Yuan Net Loss in First Half of 2023

Yangzhou Asiastar Bus Co.,Ltd. (扬州亚星客车股份有限公司) (600213.SH) reported a net loss of 57.4 million yuan in the first half of 2023, narrowing 20% year-on-year.

Meanwhile, the company posted 396.3 million yuan in revenue, down 24.3% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 92.4%.