Zhongfu Straits(Pingtan) Development Company Limited Posted 194.2 Million Yuan Net Loss in 2022

Zhongfu Straits(Pingtan) Development Company Limited (中福海峡(平潭)发展股份有限公司) (000592.SZ) reported a net loss of 194.2 million yuan in 2022, narrowing 75.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 26.9% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.