Zhejiang Jihua Group Co.,Ltd. Posted 37.3 Million Yuan Net Loss in First Half of 2023

Zhejiang Jihua Group Co.,Ltd. (浙江吉华集团股份有限公司) (603980.SH) reported a net loss of 37.3 million yuan in the first half of 2023, widening 200.8% year-on-year.

Meanwhile, the company posted 854.7 million yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 882.4 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.