Hongbaoli Group Corporation,Ltd. Posted 83.1 Million Yuan Net Loss in 2022

Hongbaoli Group Corporation,Ltd. (红宝丽集团股份有限公司) (002165.SZ) reported a net loss of 83.1 million yuan in 2022, reversing a net profit of 27.5 million yuan for the previous year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 26.5% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.