Langfang Development Co.,Ltd. Posted 18.2 Million Yuan Net Loss in First Half of 2022

Langfang Development Co.,Ltd. (廊坊发展股份有限公司) (600149.SH) reported a net loss of 18.2 million yuan in the first half of 2022, widening 1344.4% year-on-year.

Meanwhile, the company posted 90.5 million yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 600.1 million yuan in total assets and 358.1 million yuan in total liabilities, with a liability-to-asset ratio of 59.7%.