Guizhou Gas Group Corporation.,Ltd. Posted 86.5 Million Yuan Net Loss in First Half of 2022

Guizhou Gas Group Corporation.,Ltd. (贵州燃气集团股份有限公司) (600903.SH) reported a net loss of 86.5 million yuan in the first half of 2022, reversing a net profit of 146.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 24.8% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.3%.