Shandong Kehui Power Automation Co.,Ltd. Posted 9.7 Million Yuan Net Loss in First Half of 2022

Shandong Kehui Power Automation Co.,Ltd. (山东科汇电力自动化股份有限公司) (688681.SH) reported a net loss of 9.7 million yuan in the first half of 2022, reversing a net profit of 16.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 132.1 million yuan in revenue, down 12.1% year-on-year.

At the end of the reporting period, it had 742.9 million yuan in total assets and 180.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.2%.