Hua Yuan Property Co.,Ltd. Posted 642.6 Million Yuan Net Loss in First Half of 2023

Hua Yuan Property Co.,Ltd. (华远地产股份有限公司) (600743.SH) reported a net loss of 642.6 million yuan in the first half of 2023, widening 72.4% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 16.9% year-on-year.

At the end of the reporting period, it had 41 billion yuan in total assets and 35.9 billion yuan in total liabilities, with a liability-to-asset ratio of 87.4%.