Shanxi Antai Group Co.,Ltd. Posted 297.5 Million Yuan Net Loss in 2022

Shanxi Antai Group Co.,Ltd. (山西安泰集团股份有限公司) (600408.SH) reported a net loss of 297.5 million yuan in 2022, reversing a net profit of 283.7 million yuan for the previous year.

Meanwhile, the company posted 12.7 billion yuan in revenue, down 2.3% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.