Beijing Urban Construction Investment&Development Co.,Ltd. Posted 884 Million Yuan Net Loss in 2022

Beijing Urban Construction Investment&Development Co.,Ltd. (北京城建投资发展股份有限公司) (600266.SH) reported a net loss of 884 million yuan in 2022, reversing a net profit of 927.4 million yuan for the previous year.

Meanwhile, the company posted 24.6 billion yuan in revenue, up 1.6% year-on-year.

At the end of the reporting period, it had 138.8 billion yuan in total assets and 111.3 billion yuan in total liabilities, with a liability-to-asset ratio of 80.2%.