Xiamen King Long Motor Group Co.,Ltd. Posted 301.5 Million Yuan Net Loss in First Three Quarters of 2022

Xiamen King Long Motor Group Co.,Ltd. (厦门金龙汽车集团股份有限公司) (600686.SH) reported a net loss of 301.5 million yuan in the first three quarters of 2022, narrowing 21.8% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 6.1% year-on-year.

At the end of the reporting period, it had 24.9 billion yuan in total assets and 20.2 billion yuan in total liabilities, with a liability-to-asset ratio of 80.9%.