Qingdao Doublestar Co.,Ltd. Posted 691.9 Million Yuan Net Loss in 2022

Qingdao Doublestar Co.,Ltd. (青岛双星股份有限公司) (000599.SZ) reported a net loss of 691.9 million yuan in 2022, widening 75.2% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 75.8%.