Beijing Capital Development Co.,Ltd. Posted 1.5 Billion Yuan Net Loss in First Half of 2023

Beijing Capital Development Co.,Ltd. (北京首都开发股份有限公司) (600376.SH) reported a net loss of 1.5 billion yuan in the first half of 2023, widening 18.1% year-on-year.

Meanwhile, the company posted 19.4 billion yuan in revenue, up 173.1% year-on-year.

At the end of the reporting period, it had 273.2 billion yuan in total assets and 210.5 billion yuan in total liabilities, with a liability-to-asset ratio of 77%.