Liuzhou Liangmianzhen Co.,Ltd. Posted 38.6 Million Yuan Net Loss in 2022

Liuzhou Liangmianzhen Co.,Ltd. (柳州两面针股份有限公司) (600249.SH) reported a net loss of 38.6 million yuan in 2022, reversing a net profit of 9.3 million yuan for the previous year.

Meanwhile, the company posted 669.2 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 384.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.5%.