Anhui Zotye Automobile Co.,Ltd. Posted 416.9 Million Yuan Net Loss in First Three Quarters of 2022

Anhui Zotye Automobile Co.,Ltd. (众泰汽车股份有限公司) (000980.SZ) reported a net loss of 416.9 million yuan in the first three quarters of 2022, narrowing 57.9% year-on-year.

Meanwhile, the company posted 485.8 million yuan in revenue, down 20.6% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.

This article was automatically produced by Caixin Automation on May 9, 2023.

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