Guirenniao Co.,Ltd. Posted 20 Million Yuan Net Loss in First Three Quarters of 2022

Guirenniao Co.,Ltd. (贵人鸟股份有限公司) (603555.SH) reported a net loss of 20 million yuan in the first three quarters of 2022, reversing a net profit of 401.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 12.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39%.