Joeone Co.,Ltd. Posted 105.3 Million Yuan Net Loss in 2022

Joeone Co.,Ltd. (九牧王股份有限公司) (601566.SH) reported a net loss of 105.3 million yuan in 2022, reversing a net profit of 182.8 million yuan for the previous year.

Meanwhile, the company posted 2.6 billion yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 34.3%.