Luoniushan Co.,Ltd. Posted 114.4 Million Yuan Net Profit in 2022

Luoniushan Co.,Ltd. (罗牛山股份有限公司) (000735.SZ) reported a net profit of 114.4 million yuan in 2022, reversing a net loss of 435.6 million yuan for the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 53.5% year-on-year.

At the end of the reporting period, it had 12.7 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.