China Enterprise Company Limited Posted 313 Million Yuan Net Loss in First Half of 2022

China Enterprise Company Limited (中华企业股份有限公司) (600675.SH) reported a net loss of 313 million yuan in the first half of 2022, reversing a net profit of 1.4 billion yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 80.4% year-on-year.

At the end of the reporting period, it had 55.1 billion yuan in total assets and 38.7 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.