Shanghai Metersbonwe Fashion&Accessories Co.,Ltd. Posted 689.3 Million Yuan Net Loss in First Half of 2022

Shanghai Metersbonwe Fashion&Accessories Co.,Ltd. (上海美特斯邦威服饰股份有限公司) (002269.SZ) reported a net loss of 689.3 million yuan in the first half of 2022, widening 501.4% year-on-year.

Meanwhile, the company posted 723 million yuan in revenue, down 47.5% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 91.9%.