Baota Industry Co.,Ltd. Posted 88.7 Million Yuan Net Loss in 2022

Baota Industry Co.,Ltd. (宝塔实业股份有限公司) (000595.SZ) reported a net loss of 88.7 million yuan in 2022, narrowing 49.8% year-on-year.

Meanwhile, the company posted 250.4 million yuan in revenue, up 43.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 516.1 million yuan in total liabilities, with a liability-to-asset ratio of 41.5%.