Tunghsu Azure Renewable Energy Co.,Ltd. Posted 308.6 Million Yuan Net Loss in 2022

Tunghsu Azure Renewable Energy Co.,Ltd. (东旭蓝天新能源股份有限公司) (000040.SZ) reported a net loss of 308.6 million yuan in 2022, narrowing 48.9% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 21.7% year-on-year.

At the end of the reporting period, it had 25.5 billion yuan in total assets and 14.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.8%.