Datang Huayin Electric Power Co.,Ltd. Posted 110.3 Million Yuan Net Loss in First Quarter of 2022

Datang Huayin Electric Power Co.,Ltd. (大唐华银电力股份有限公司) (600744.SH) reported a net loss of 110.3 million yuan in the first quarter of 2022, widening 9.8% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 18.9 billion yuan in total assets and 18.3 billion yuan in total liabilities, with a liability-to-asset ratio of 97.1%.