Baotou Huazi Industry Co.,Ltd. Posted 37.6 Million Yuan Net Loss in First Half of 2022

Baotou Huazi Industry Co.,Ltd. (包头华资实业股份有限公司) (600191.SH) reported a net loss of 37.6 million yuan in the first half of 2022, reversing a net profit of 1.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 39.9 million yuan in revenue, up 4110.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 258 million yuan in total liabilities, with a liability-to-asset ratio of 13.8%.