Kraussmaffei Company Limited Posted 431.2 Million Yuan Net Loss in First Three Quarters of 2022

Kraussmaffei Company Limited (克劳斯玛菲股份有限公司) (600579.SH) reported a net loss of 431.2 million yuan in the first three quarters of 2022, widening 93.9% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 18.7 billion yuan in total assets and 14 billion yuan in total liabilities, with a liability-to-asset ratio of 74.7%.