Guizhou Gas Group Corporation.,Ltd. Posted 110 Million Yuan Net Loss in First Three Quarters of 2022

Guizhou Gas Group Corporation.,Ltd. (贵州燃气集团股份有限公司) (600903.SH) reported a net loss of 110 million yuan in the first three quarters of 2022, reversing a net profit of 176.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.1%.