Tibet Tianlu Co.,Ltd. Posted 601.6 Million Yuan Net Loss in 2022

Tibet Tianlu Co.,Ltd. (西藏天路股份有限公司) (600326.SH) reported a net loss of 601.6 million yuan in 2022, reversing a net profit of 100.5 million yuan for the previous year.

Meanwhile, the company posted 3.8 billion yuan in revenue, down 33.4% year-on-year.

At the end of the reporting period, it had 13.7 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.