Jinlong Machinery & Electric Posts Net Loss of 56.87 Million Yuan in First Half, Swinging to Loss from Profit Year-on-Year

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Jinlong Machinery & Electric released its semi-annual report on August 28. During the reporting period, the company achieved operating revenue of 559 million yuan, down 29.54 percent year-on-year. Net profit attributable to shareholders of the listed company was a loss of 56.87 million yuan, swinging from profit to loss compared with the same period last year.

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