Shandong Xinneng Taishan Power Generation Co.,Ltd. Posted 68.2 Million Yuan Net Loss in First Half of 2022

Shandong Xinneng Taishan Power Generation Co.,Ltd. (山东新能泰山发电股份有限公司) (000720.SZ) reported a net loss of 68.2 million yuan in the first half of 2022, widening 80% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 27.5% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.