Yutong Bus Co.,Ltd. Posted 68.1 Million Yuan Net Loss in First Half of 2022

Yutong Bus Co.,Ltd. (宇通客车股份有限公司) (600066.SH) reported a net loss of 68.1 million yuan in the first half of 2022, reversing a net profit of 145.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 8.3 billion yuan in revenue, down 15.8% year-on-year.

At the end of the reporting period, it had 27.1 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.