Yunnan Metropolitan Real Estate Development Co.,Ltd. Posted 1.3 Billion Yuan Net Loss in 2022

Yunnan Metropolitan Real Estate Development Co.,Ltd. (云南城投置业股份有限公司) (600239.SH) reported a net loss of 1.3 billion yuan in 2022, widening 26.9% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 57.5% year-on-year.

At the end of the reporting period, it had 13.5 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 81.2%.