Souyute Group Co.,Ltd. Posted 1.5 Billion Yuan Net Loss in First Three Quarters of 2022

Souyute Group Co.,Ltd. (搜于特集团股份有限公司) (002503.SZ) reported a net loss of 1.5 billion yuan in the first three quarters of 2022, narrowing 31.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 70% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 122.6%.