Jinzhou Cihang Group Co.,Ltd. Posted 55 Million Yuan Net Loss in First Three Quarters of 2022

Jinzhou Cihang Group Co.,Ltd. (金洲慈航集团股份有限公司) (000587.SZ) reported a net loss of 55 million yuan in the first three quarters of 2022, narrowing 89.3% year-on-year.

Meanwhile, the company posted 62.2 million yuan in revenue, down 33.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 95.3%.