Jiangsu Zongyi Co.,Ltd. Posted 417.4 Million Yuan Net Loss in First Three Quarters of 2022

Jiangsu Zongyi Co.,Ltd. (江苏综艺股份有限公司) (600770.SH) reported a net loss of 417.4 million yuan in the first three quarters of 2022, reversing a net profit of 38.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 303.2 million yuan in revenue, up 0.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 938.5 million yuan in total liabilities, with a liability-to-asset ratio of 16.8%.