Beijing Honggao Creative Architectural Design Co.,Ltd. Posted 494.9 Million Yuan Net Loss in 2022

Beijing Honggao Creative Architectural Design Co.,Ltd. (北京弘高创意建筑设计股份有限公司) (002504.SZ) reported a net loss of 494.9 million yuan in 2022, widening 33.3% year-on-year.

Meanwhile, the company posted 132.9 million yuan in revenue, down 23% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 120.2%.