Shenyang Jinshan Energy Co.,Ltd. Posted 289.6 Million Yuan Net Loss in First Quarter of 2023

Shenyang Jinshan Energy Co.,Ltd. (沈阳金山能源股份有限公司) (600396.SH) reported a net loss of 289.6 million yuan in the first quarter of 2023, narrowing 43.7% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 18.4 billion yuan in total assets and 20.8 billion yuan in total liabilities, with a liability-to-asset ratio of 113%.