Shanghai Metersbonwe Fashion&Accessories Co.,Ltd. Posted 759.2 Million Yuan Net Loss in First Three Quarters of 2022

Shanghai Metersbonwe Fashion&Accessories Co.,Ltd. (上海美特斯邦威服饰股份有限公司) (002269.SZ) reported a net loss of 759.2 million yuan in the first three quarters of 2022, widening 283.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 49.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 93.2%.