Suning.Com Co.,Ltd. Posted 5 Billion Yuan Net Loss in First Three Quarters of 2022

Suning.Com Co.,Ltd. (苏宁易购集团股份有限公司) (002024.SZ) reported a net loss of 5 billion yuan in the first three quarters of 2022, narrowing 39% year-on-year.

Meanwhile, the company posted 55.5 billion yuan in revenue, down 51.9% year-on-year.

At the end of the reporting period, it had 161 billion yuan in total assets and 133.4 billion yuan in total liabilities, with a liability-to-asset ratio of 82.9%.