Tianjin Keyvia Electric Co.,Ltd. Posted 12.9 Million Yuan Net Loss in First Half of 2022

Tianjin Keyvia Electric Co.,Ltd. (天津凯发电气股份有限公司) (300407.SZ) reported a net loss of 12.9 million yuan in the first half of 2022, widening 676.4% year-on-year.

Meanwhile, the company posted 679.9 million yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.