Tibet Development Co.,Ltd. Posted 4.6 Million Yuan Net Loss in First Half of 2022

Tibet Development Co.,Ltd. (西藏发展股份有限公司) (000752.SZ) reported a net loss of 4.6 million yuan in the first half of 2022, reversing a net profit of 7.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 184.8 million yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 919.3 million yuan in total assets and 555.7 million yuan in total liabilities, with a liability-to-asset ratio of 60.5%.