Rendong Holdings Co.,Ltd. Posted 83 Million Yuan Net Loss in First Three Quarters of 2022

Rendong Holdings Co.,Ltd. (仁东控股股份有限公司) (002647.SZ) reported a net loss of 83 million yuan in the first three quarters of 2022, reversing a net profit of 73,347 yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 3.6% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.