Shandong Meichen Ecology&Environment Co.,Ltd. Posted 265.5 Million Yuan Net Loss in First Half of 2023

Shandong Meichen Ecology&Environment Co.,Ltd. (山东美晨生态环境股份有限公司) (300237.SZ) reported a net loss of 265.5 million yuan in the first half of 2023, narrowing 1% year-on-year.

Meanwhile, the company posted 751.8 million yuan in revenue, up 3.8% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 8.7 billion yuan in total liabilities, with a liability-to-asset ratio of 91.2%.