Langfang Development Co.,Ltd. Posted 14.2 Million Yuan Net Loss in First Three Quarters of 2022

Langfang Development Co.,Ltd. (廊坊发展股份有限公司) (600149.SH) reported a net loss of 14.2 million yuan in the first three quarters of 2022, widening 106.8% year-on-year.

Meanwhile, the company posted 112.3 million yuan in revenue, up 16.5% year-on-year.

At the end of the reporting period, it had 598.5 million yuan in total assets and 352.5 million yuan in total liabilities, with a liability-to-asset ratio of 58.9%.