Huatian Hotel Group Co.,Ltd. Posted 210.2 Million Yuan Net Loss in First Three Quarters of 2022

Huatian Hotel Group Co.,Ltd. (华天酒店集团股份有限公司) (000428.SZ) reported a net loss of 210.2 million yuan in the first three quarters of 2022, narrowing 24.4% year-on-year.

Meanwhile, the company posted 386.8 million yuan in revenue, down 16.9% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 71.7%.