Cecep Techand Ecology&Environment Co.,Ltd. Posted 131.6 Million Yuan Net Loss in First Half of 2023

Cecep Techand Ecology&Environment Co.,Ltd. (中节能铁汉生态环境股份有限公司) (300197.SZ) reported a net loss of 131.6 million yuan in the first half of 2023, narrowing 48.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 32.3 billion yuan in total assets and 25.1 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.