Datang Huayin Electric Power Co.,Ltd. Posted 101.1 Million Yuan Net Loss in First Quarter of 2023

Datang Huayin Electric Power Co.,Ltd. (大唐华银电力股份有限公司) (600744.SH) reported a net loss of 101.1 million yuan in the first quarter of 2023, narrowing 8.4% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 20.9 billion yuan in total assets and 19.5 billion yuan in total liabilities, with a liability-to-asset ratio of 93.2%.