Beijing Orient Landscape&Environment Co.,Ltd. Posted 1 Billion Yuan Net Loss in First Half of 2023

Beijing Orient Landscape&Environment Co.,Ltd. (北京东方园林环境股份有限公司) (002310.SZ) reported a net loss of 1 billion yuan in the first half of 2023, widening 20.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 52.6% year-on-year.

At the end of the reporting period, it had 40 billion yuan in total assets and 34.8 billion yuan in total liabilities, with a liability-to-asset ratio of 87.1%.