Apr 29, 2023 08:00 AM

Hua Yuan Property Co.,Ltd. Posted 5 Billion Yuan Net Loss in 2022

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Hua Yuan Property Co.,Ltd. (华远地产股份有限公司) (600743.SH) reported a net loss of 5 billion yuan in 2022, widening 429.4% year-on-year.

Meanwhile, the company posted 10.9 billion yuan in revenue, down 20.2% year-on-year.

At the end of the reporting period, it had 44.5 billion yuan in total assets and 38.2 billion yuan in total liabilities, with a liability-to-asset ratio of 85.9%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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