China Western Power Industrial Co.,Ltd. Posted 341.2 Million Yuan Net Loss in First Half of 2022

China Western Power Industrial Co.,Ltd. (华西能源工业股份有限公司) (002630.SZ) reported a net loss of 341.2 million yuan in the first half of 2022, widening 114.5% year-on-year.

Meanwhile, the company posted 312.1 million yuan in revenue, down 50.4% year-on-year.

At the end of the reporting period, it had 10.9 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 86.4%.