Zhongtian Financial Group Company Limited Posted 5.7 Billion Yuan Net Loss in First Three Quarters of 2022

Zhongtian Financial Group Company Limited (中天金融集团股份有限公司) (000540.SZ) reported a net loss of 5.7 billion yuan in the first three quarters of 2022, widening 1237.8% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 52.2% year-on-year.

At the end of the reporting period, it had 158.3 billion yuan in total assets and 153.4 billion yuan in total liabilities, with a liability-to-asset ratio of 96.9%.