Hainan Haiyao Co.,Ltd. Posted 49.8 Million Yuan Net Loss in First Three Quarters of 2022

Hainan Haiyao Co.,Ltd. (海南海药股份有限公司) (000566.SZ) reported a net loss of 49.8 million yuan in the first three quarters of 2022, narrowing 90.5% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 1.7% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70%.