Tianjin Binhai Energy&Development Co.,Ltd. Posted 25.8 Million Yuan Net Loss in First Half of 2023

Tianjin Binhai Energy&Development Co.,Ltd. (天津滨海能源发展股份有限公司) (000695.SZ) reported a net loss of 25.8 million yuan in the first half of 2023, narrowing 65.1% year-on-year.

Meanwhile, the company posted 110.9 million yuan in revenue, down 56.6% year-on-year.

At the end of the reporting period, it had 399.9 million yuan in total assets and 165.1 million yuan in total liabilities, with a liability-to-asset ratio of 41.3%.