Beijing Originwater Technology Co.,Ltd. Posted 311.9 Million Yuan Net Loss in First Half of 2022

Beijing Originwater Technology Co.,Ltd. (北京碧水源科技股份有限公司) (300070.SZ) reported a net loss of 311.9 million yuan in the first half of 2022, reversing a net profit of 130.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 45.8% year-on-year.

At the end of the reporting period, it had 71.2 billion yuan in total assets and 42.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.3%.