Shenyang Huitian Thermal Power Co.,Ltd. Posted 272.7 Million Yuan Net Loss in First Quarter of 2023

Shenyang Huitian Thermal Power Co.,Ltd. (沈阳惠天热电股份有限公司) (000692.SZ) reported a net loss of 272.7 million yuan in the first quarter of 2023, narrowing 61.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 6.6% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 141.8%.