Huangshan Tourism Development Co.,Ltd. Posted 137.9 Million Yuan Net Loss in 2022

Huangshan Tourism Development Co.,Ltd. (黄山旅游发展股份有限公司) (600054.SH) reported a net loss of 137.9 million yuan in 2022, reversing a net profit of 41.8 million yuan for the previous year.

Meanwhile, the company posted 799.9 million yuan in revenue, down 10.6% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 918.6 million yuan in total liabilities, with a liability-to-asset ratio of 17.6%.