Tibet Tianlu Co.,Ltd. Posted 253.4 Million Yuan Net Loss in First Half of 2023

Tibet Tianlu Co.,Ltd. (西藏天路股份有限公司) (600326.SH) reported a net loss of 253.4 million yuan in the first half of 2023, widening 48.1% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 13.3 billion yuan in total assets and 7.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57%.