China Western Power Industrial Co.,Ltd. Posted 764.9 Million Yuan Net Loss in 2022

China Western Power Industrial Co.,Ltd. (华西能源工业股份有限公司) (002630.SZ) reported a net loss of 764.9 million yuan in 2022, widening 11.2% year-on-year.

Meanwhile, the company posted 859.1 million yuan in revenue, down 43.4% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 9.1 billion yuan in total liabilities, with a liability-to-asset ratio of 89.6%.