Baotou Huazi Industry Co.,Ltd. Posted 165.1 Million Yuan Net Loss in 2022

Baotou Huazi Industry Co.,Ltd. (包头华资实业股份有限公司) (600191.SH) reported a net loss of 165.1 million yuan in 2022, reversing a net profit of 10 million yuan for the previous year.

Meanwhile, the company posted 368.5 million yuan in revenue, up 772.4% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 448.3 million yuan in total liabilities, with a liability-to-asset ratio of 23.2%.