Chahua Modern Housewares Co.,Ltd. Posted 18.8 Million Yuan Net Loss in 2022

Chahua Modern Housewares Co.,Ltd. (茶花现代家居用品股份有限公司) (603615.SH) reported a net loss of 18.8 million yuan in 2022, narrowing 11.3% year-on-year.

Meanwhile, the company posted 675.9 million yuan in revenue, down 15.4% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 165 million yuan in total liabilities, with a liability-to-asset ratio of 12%.