Shenzhen Nanshan Power Station Co.,Ltd. Posted 43.2 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Nanshan Power Station Co.,Ltd. (深圳南山热电股份有限公司) (000037.SZ) reported a net loss of 43.2 million yuan in the first quarter of 2022, widening 175.3% year-on-year.

Meanwhile, the company posted 75.1 million yuan in revenue, down 13.1% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.