Baic Bluepark New Energy Technology Co.,Ltd. Posted 2 Billion Yuan Net Loss in First Half of 2023

Baic Bluepark New Energy Technology Co.,Ltd. (北汽蓝谷新能源科技股份有限公司) (600733.SH) reported a net loss of 2 billion yuan in the first half of 2023, narrowing 9.6% year-on-year.

Meanwhile, the company posted 5.8 billion yuan in revenue, up 65.9% year-on-year.

At the end of the reporting period, it had 32.7 billion yuan in total assets and 22.4 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.