Yangzhou Asiastar Bus Co.,Ltd. Posted 95.7 Million Yuan Net Loss in First Three Quarters of 2022

Yangzhou Asiastar Bus Co.,Ltd. (扬州亚星客车股份有限公司) (600213.SH) reported a net loss of 95.7 million yuan in the first three quarters of 2022, narrowing 9.5% year-on-year.

Meanwhile, the company posted 938.9 million yuan in revenue, up 44.2% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 88.7%.