Jiangxi Changyun Co.,Ltd. Posted 188.3 Million Yuan Net Loss in First Three Quarters of 2022

Jiangxi Changyun Co.,Ltd. (江西长运股份有限公司) (600561.SH) reported a net loss of 188.3 million yuan in the first three quarters of 2022, reversing a net profit of 11.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 21.5% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 75.4%.