Apr 28, 2023 08:00 AM

Nanning Sugar Industry Co.,Ltd. Posted 463 Million Yuan Net Loss in 2022

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Nanning Sugar Industry Co.,Ltd. (南宁糖业股份有限公司) (000911.SZ) reported a net loss of 463 million yuan in 2022, widening 620.5% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 12.2% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 96.3%.

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