Fujian Ideal Jewellery Industrial Co.,Ltd. Posted 184.3 Million Yuan Net Loss in First Three Quarters of 2022

Fujian Ideal Jewellery Industrial Co.,Ltd. (福建省爱迪尔珠宝实业股份有限公司) (002740.SZ) reported a net loss of 184.3 million yuan in the first three quarters of 2022, reversing a net profit of 14 million yuan for the same period in the previous year.

Meanwhile, the company posted 205.1 million yuan in revenue, down 64.8% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 102.5%.