China Western Power Industrial Co.,Ltd. Posted 227.2 Million Yuan Net Loss in First Half of 2023

China Western Power Industrial Co.,Ltd. (华西能源工业股份有限公司) (002630.SZ) reported a net loss of 227.2 million yuan in the first half of 2023, narrowing 33.4% year-on-year.

Meanwhile, the company posted 604.9 million yuan in revenue, up 93.8% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.