Guangshen Railway Co.,Ltd. Posted 2 Billion Yuan Net Loss in 2022

Guangshen Railway Co.,Ltd. (广深铁路股份有限公司) (601333.SH) reported a net loss of 2 billion yuan in 2022, widening 104.7% year-on-year.

Meanwhile, the company posted 19.9 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 37 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 31.8%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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