Langold Real Estate Co.,Ltd. Posted 481.4 Million Yuan Net Loss in First Three Quarters of 2022

Langold Real Estate Co.,Ltd. (南国置业股份有限公司) (002305.SZ) reported a net loss of 481.4 million yuan in the first three quarters of 2022, narrowing 27% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 62.8% year-on-year.

At the end of the reporting period, it had 35.2 billion yuan in total assets and 31 billion yuan in total liabilities, with a liability-to-asset ratio of 87.9%.