Jiangsu Zhongchao Holding Co.,Ltd. Posted 49 Million Yuan Net Loss in 2022

Jiangsu Zhongchao Holding Co.,Ltd. (江苏中超控股股份有限公司) (002471.SZ) reported a net loss of 49 million yuan in 2022, reversing a net profit of 26.4 million yuan for the previous year.

Meanwhile, the company posted 5.9 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 75.2%.