China Cyts Tours Holding Co.,Ltd. Posted 276 Million Yuan Net Loss in First Three Quarters of 2022

China Cyts Tours Holding Co.,Ltd. (中青旅控股股份有限公司) (600138.SH) reported a net loss of 276 million yuan in the first three quarters of 2022, reversing a net profit of 59.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.8 billion yuan in revenue, down 22.7% year-on-year.

At the end of the reporting period, it had 17.5 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.4%.