Ningxia Yinglite Chemicals Co.,Ltd. Posted 388.9 Million Yuan Net Loss in 2022

Ningxia Yinglite Chemicals Co.,Ltd. (宁夏英力特化工股份有限公司) (000635.SZ) reported a net loss of 388.9 million yuan in 2022, reversing a net profit of 4.3 million yuan for the previous year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 18.3% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 462.2 million yuan in total liabilities, with a liability-to-asset ratio of 16.9%.