Lander Sports Development Co.,Ltd. Posted 19.7 Million Yuan Net Loss in First Three Quarters of 2022

Lander Sports Development Co.,Ltd. (莱茵达体育发展股份有限公司) (000558.SZ) reported a net loss of 19.7 million yuan in the first three quarters of 2022, narrowing 72.2% year-on-year.

Meanwhile, the company posted 58.6 million yuan in revenue, down 45.4% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 731.8 million yuan in total liabilities, with a liability-to-asset ratio of 40.1%.