Suning.Com Co.,Ltd. Posted 3 Billion Yuan Net Loss in First Half of 2022

Suning.Com Co.,Ltd. (苏宁易购集团股份有限公司) (002024.SZ) reported a net loss of 3 billion yuan in the first half of 2022, narrowing 20.7% year-on-year.

Meanwhile, the company posted 37.2 billion yuan in revenue, down 60.2% year-on-year.

At the end of the reporting period, it had 165.9 billion yuan in total assets and 137.2 billion yuan in total liabilities, with a liability-to-asset ratio of 82.7%.