Jiangxi Changyun Co.,Ltd. Posted 107.1 Million Yuan Net Loss in First Half of 2022

Jiangxi Changyun Co.,Ltd. (江西长运股份有限公司) (600561.SH) reported a net loss of 107.1 million yuan in the first half of 2022, reversing a net profit of 12.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 706 million yuan in revenue, down 24.5% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 74.3%.