Sichuan Xichang Electric Power Co.,Ltd. Posted 40.4 Million Yuan Net Loss in First Quarter of 2023

Sichuan Xichang Electric Power Co.,Ltd. (四川西昌电力股份有限公司) (600505.SH) reported a net loss of 40.4 million yuan in the first quarter of 2023, widening 108.7% year-on-year.

Meanwhile, the company posted 326.4 million yuan in revenue, up 19.7% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.9%.