Hainan Yedao(Group) Co.,Ltd. Posted 9.3 Million Yuan Net Loss in First Three Quarters of 2022

Hainan Yedao(Group) Co.,Ltd. (海南椰岛(集团)股份有限公司) (600238.SH) reported a net loss of 9.3 million yuan in the first three quarters of 2022, narrowing 37% year-on-year.

Meanwhile, the company posted 573.7 million yuan in revenue, down 15.5% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 723.9 million yuan in total liabilities, with a liability-to-asset ratio of 57.9%.