Beijing Hanjian Heshan Pipeline Co.,Ltd. Posted 38.8 Million Yuan Net Loss in First Half of 2023

Beijing Hanjian Heshan Pipeline Co.,Ltd. (北京韩建河山管业股份有限公司) (603616.SH) reported a net loss of 38.8 million yuan in the first half of 2023, narrowing 2.4% year-on-year.

Meanwhile, the company posted 180.7 million yuan in revenue, up 23.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.