Guilin Tourism Co.,Ltd. Posted 303.6 Million Yuan Net Loss in 2022

Guilin Tourism Co.,Ltd. (桂林旅游股份有限公司) (000978.SZ) reported a net loss of 303.6 million yuan in 2022, widening 29.7% year-on-year.

Meanwhile, the company posted 129.4 million yuan in revenue, down 45.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.