Jiangxi Changyun Co.,Ltd. Posted 169 Million Yuan Net Loss in 2022

Jiangxi Changyun Co.,Ltd. (江西长运股份有限公司) (600561.SH) reported a net loss of 169 million yuan in 2022, reversing a net profit of 11.7 million yuan for the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 20.1% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.5%.