Henan Yuneng Holdings Co.,Ltd. Posted 481.5 Million Yuan Net Loss in First Quarter of 2023

Henan Yuneng Holdings Co.,Ltd. (河南豫能控股股份有限公司) (001896.SZ) reported a net loss of 481.5 million yuan in the first quarter of 2023, narrowing 9.1% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 30.4 billion yuan in total assets and 26.8 billion yuan in total liabilities, with a liability-to-asset ratio of 88.3%.