Xinlong Holding(Group) Co.,Ltd. Posted 128.1 Million Yuan Net Loss in 2022

Xinlong Holding(Group) Co.,Ltd. (欣龙控股(集团)股份有限公司) (000955.SZ) reported a net loss of 128.1 million yuan in 2022, reversing a net profit of 9.7 million yuan for the previous year.

Meanwhile, the company posted 837.5 million yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 283.3 million yuan in total liabilities, with a liability-to-asset ratio of 26.8%.