Joeone Co.,Ltd. Posted 128.4 Million Yuan Net Loss in First Three Quarters of 2022

Joeone Co.,Ltd. (九牧王股份有限公司) (601566.SH) reported a net loss of 128.4 million yuan in the first three quarters of 2022, reversing a net profit of 44.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 2 billion yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 34.2%.