Yangzhou Asiastar Bus Co.,Ltd. Posted 71.7 Million Yuan Net Loss in First Half of 2022

Yangzhou Asiastar Bus Co.,Ltd. (扬州亚星客车股份有限公司) (600213.SH) reported a net loss of 71.7 million yuan in the first half of 2022, widening 77.5% year-on-year.

Meanwhile, the company posted 523.1 million yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 88.4%.