Henan Xinye Textile Co.,Ltd. Posted 114.7 Million Yuan Net Loss in First Three Quarters of 2022

Henan Xinye Textile Co.,Ltd. (河南新野纺织股份有限公司) (002087.SZ) reported a net loss of 114.7 million yuan in the first three quarters of 2022, reversing a net profit of 126.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 33% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.