Minsheng Holdings Co.,Ltd. Posted 8.8 Million Yuan Net Loss in First Three Quarters of 2022

Minsheng Holdings Co.,Ltd. (民生控股股份有限公司) (000416.SZ) reported a net loss of 8.8 million yuan in the first three quarters of 2022, reversing a net profit of 7.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 2 million yuan in revenue, down 45.1% year-on-year.

At the end of the reporting period, it had 928.8 million yuan in total assets and 27 million yuan in total liabilities, with a liability-to-asset ratio of 2.9%.