Minsheng Holdings Co.,Ltd. Posted 29.3 Million Yuan Net Loss in 2022

Minsheng Holdings Co.,Ltd. (民生控股股份有限公司) (000416.SZ) reported a net loss of 29.3 million yuan in 2022, reversing a net profit of 15.6 million yuan for the previous year.

Meanwhile, the company posted 3.4 million yuan in revenue, down 65.1% year-on-year.

At the end of the reporting period, it had 906.5 million yuan in total assets and 26.9 million yuan in total liabilities, with a liability-to-asset ratio of 3%.