Guirenniao Co.,Ltd. Posted 16.2 Million Yuan Net Loss in First Half of 2022

Guirenniao Co.,Ltd. (贵人鸟股份有限公司) (603555.SH) reported a net loss of 16.2 million yuan in the first half of 2022, reversing a net profit of 386.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 651.1 million yuan in revenue, up 22.9% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 43.8%.