Tibet Tianlu Co.,Ltd. Posted 171.1 Million Yuan Net Loss in First Half of 2022

Tibet Tianlu Co.,Ltd. (西藏天路股份有限公司) (600326.SH) reported a net loss of 171.1 million yuan in the first half of 2022, reversing a net profit of 134.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 2 billion yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 14.2 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.