Jilin Yatai(Group) Co.,Ltd. Posted 1.2 Billion Yuan Net Loss in First Three Quarters of 2022

Jilin Yatai(Group) Co.,Ltd. (吉林亚泰(集团)股份有限公司) (600881.SH) reported a net loss of 1.2 billion yuan in the first three quarters of 2022, reversing a net profit of 34.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 10.7 billion yuan in revenue, down 33.1% year-on-year.

At the end of the reporting period, it had 54.1 billion yuan in total assets and 39.1 billion yuan in total liabilities, with a liability-to-asset ratio of 72.3%.