Tangshan Jidong Cement Co.,Ltd. Posted 889.7 Million Yuan Net Loss in First Quarter of 2023

Tangshan Jidong Cement Co.,Ltd. (唐山冀东水泥股份有限公司) (000401.SZ) reported a net loss of 889.7 million yuan in the first quarter of 2023, widening 247.4% year-on-year.

Meanwhile, the company posted 5.2 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 63 billion yuan in total assets and 31.3 billion yuan in total liabilities, with a liability-to-asset ratio of 49.6%.