Tibet Development Co.,Ltd. Posted 5.8 Million Yuan Net Loss in First Half of 2023

Tibet Development Co.,Ltd. (西藏发展股份有限公司) (000752.SZ) reported a net loss of 5.8 million yuan in the first half of 2023, widening 24.4% year-on-year.

Meanwhile, the company posted 147.4 million yuan in revenue, down 20.3% year-on-year.

At the end of the reporting period, it had 832.7 million yuan in total assets and 546.7 million yuan in total liabilities, with a liability-to-asset ratio of 65.7%.