Zhuzhou Tianqiao Crane Co.,Ltd. Posted 7.4 Million Yuan Net Loss in First Half of 2023

Zhuzhou Tianqiao Crane Co.,Ltd. (株洲天桥起重机股份有限公司) (002523.SZ) reported a net loss of 7.4 million yuan in the first half of 2023, reversing a net profit of 6.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 564.3 million yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43.6%.