Xinjiang Tianfu Energy Co.,Ltd. Posted 275.8 Million Yuan Net Loss in 2022

Xinjiang Tianfu Energy Co.,Ltd. (新疆天富能源股份有限公司) (600509.SH) reported a net loss of 275.8 million yuan in 2022, widening 194.6% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, up 15.3% year-on-year.

At the end of the reporting period, it had 21.8 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 71.7%.