Shandong Xinneng Taishan Power Generation Co.,Ltd. Posted 135.6 Million Yuan Net Loss in 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 135.6 million yuan in 2022, widening 55.1% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.5%.