Nanjing Public Utilities Development Co.,Ltd. Posted 2.4 Million Yuan Net Loss in First Half of 2023

Nanjing Public Utilities Development Co.,Ltd. (南京公用发展股份有限公司) (000421.SZ) reported a net loss of 2.4 million yuan in the first half of 2023, narrowing 82.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 15.5 billion yuan in total assets and 11.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.6%.