Qingdao Doublestar Co.,Ltd. Posted 490.5 Million Yuan Net Loss in First Three Quarters of 2022

Qingdao Doublestar Co.,Ltd. (青岛双星股份有限公司) (000599.SZ) reported a net loss of 490.5 million yuan in the first three quarters of 2022, widening 152% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 72.8%.