Lanzhou Huanghe Enterprise Co.,Ltd. Posted 42.7 Million Yuan Net Loss in 2022

Lanzhou Huanghe Enterprise Co.,Ltd. (兰州黄河企业股份有限公司) (000929.SZ) reported a net loss of 42.7 million yuan in 2022, reversing a net profit of 23.7 million yuan for the previous year.

Meanwhile, the company posted 266.5 million yuan in revenue, down 13.6% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 215.3 million yuan in total liabilities, with a liability-to-asset ratio of 17.4%.