Shandong Xinneng Taishan Power Generation Co.,Ltd. Posted 103.3 Million Yuan Net Loss in First Three Quarters of 2022

Shandong Xinneng Taishan Power Generation Co.,Ltd. (山东新能泰山发电股份有限公司) (000720.SZ) reported a net loss of 103.3 million yuan in the first three quarters of 2022, widening 56.4% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.