Huayi Electric Company Limited Posted 99.3 Million Yuan Net Loss in First Half of 2022

Huayi Electric Company Limited (华仪电气股份有限公司) (600290.SH) reported a net loss of 99.3 million yuan in the first half of 2022, narrowing 43.6% year-on-year.

Meanwhile, the company posted 122.5 million yuan in revenue, down 16.6% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 92.7%.