Yunnan Metropolitan Real Estate Development Co.,Ltd. Posted 734.5 Million Yuan Net Loss in First Three Quarters of 2022

Yunnan Metropolitan Real Estate Development Co.,Ltd. (云南城投置业股份有限公司) (600239.SH) reported a net loss of 734.5 million yuan in the first three quarters of 2022, widening 266.1% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 37.9% year-on-year.

At the end of the reporting period, it had 27.3 billion yuan in total assets and 25.4 billion yuan in total liabilities, with a liability-to-asset ratio of 93.1%.