Anhui Zotye Automobile Co.,Ltd. Posted 908.5 Million Yuan Net Loss in 2022

Anhui Zotye Automobile Co.,Ltd. (众泰汽车股份有限公司) (000980.SZ) reported a net loss of 908.5 million yuan in 2022, widening 28.4% year-on-year.

Meanwhile, the company posted 783.2 million yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 65.7%.