China Cyts Tours Holding Co.,Ltd. Posted 471.7 Million Yuan Net Loss in 2022

China Cyts Tours Holding Co.,Ltd. (中青旅控股股份有限公司) (600138.SH) reported a net loss of 471.7 million yuan in 2022, reversing a net profit of 42.5 million yuan for the previous year.

Meanwhile, the company posted 6.4 billion yuan in revenue, down 25.7% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 9.5 billion yuan in total liabilities, with a liability-to-asset ratio of 53.9%.