Jiangsu Zongyi Co.,Ltd. Posted 425.6 Million Yuan Net Loss in 2022

Jiangsu Zongyi Co.,Ltd. (江苏综艺股份有限公司) (600770.SH) reported a net loss of 425.6 million yuan in 2022, reversing a net profit of 90.2 million yuan for the previous year.

Meanwhile, the company posted 375.5 million yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 832 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.