Shenzhen Nanshan Power Station Co.,Ltd. Posted 33.9 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Nanshan Power Station Co.,Ltd. (深圳南山热电股份有限公司) (000037.SZ) reported a net loss of 33.9 million yuan in the first quarter of 2023, narrowing 21.7% year-on-year.

Meanwhile, the company posted 111.1 million yuan in revenue, up 47.9% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.