China Calxon Group Co.,Ltd. Posted 682.8 Million Yuan Net Loss in First Three Quarters of 2022

China Calxon Group Co.,Ltd. (嘉凯城集团股份有限公司) (000918.SZ) reported a net loss of 682.8 million yuan in the first three quarters of 2022, widening 18.1% year-on-year.

Meanwhile, the company posted 884.7 million yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 11.9 billion yuan in total liabilities, with a liability-to-asset ratio of 97.5%.