Apr 28, 2022 08:00 AM

Sichuan Xichang Electric Power Co.,Ltd. Posted 19.4 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Sichuan Xichang Electric Power Co.,Ltd. (四川西昌电力股份有限公司) (600505.SH) reported a net loss of 19.4 million yuan in the first quarter of 2022, reversing a net profit of 4.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 272.6 million yuan in revenue, up 10.1% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.

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