Anhui Huamao Textile Company Limited Posted 179.2 Million Yuan Net Loss in First Three Quarters of 2022

Anhui Huamao Textile Company Limited (安徽华茂纺织股份有限公司) (000850.SZ) reported a net loss of 179.2 million yuan in the first three quarters of 2022, reversing a net profit of 339.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.6 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 36.1%.