China High-Speed Railway Technology Co.,Ltd. Posted 85.3 Million Yuan Net Loss in First Half of 2022

China High-Speed Railway Technology Co.,Ltd. (神州高铁技术股份有限公司) (000008.SZ) reported a net loss of 85.3 million yuan in the first half of 2022, narrowing 42.5% year-on-year.

Meanwhile, the company posted 581 million yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.5%.