Jointo Energy Investment Co.,Ltd.Hebei Posted 30 Million Yuan Net Loss in First Half of 2022

Jointo Energy Investment Co.,Ltd.Hebei (河北建投能源投资股份有限公司) (000600.SZ) reported a net loss of 30 million yuan in the first half of 2022, reversing a net profit of 138.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 8.8 billion yuan in revenue, up 18.5% year-on-year.

At the end of the reporting period, it had 37.1 billion yuan in total assets and 25 billion yuan in total liabilities, with a liability-to-asset ratio of 67.4%.