Apr 29, 2023 08:00 AM

Lontrue Co.,Limited Posted 35.1 Million Yuan Net Loss in 2022

00:00

00:00/00:00

Listen to this article 1x

Lontrue Co.,Limited (朗源股份有限公司) (300175.SZ) reported a net loss of 35.1 million yuan in 2022, narrowing 54.3% year-on-year.

Meanwhile, the company posted 215.6 million yuan in revenue, down 12.7% year-on-year.

At the end of the reporting period, it had 712.1 million yuan in total assets and 176.9 million yuan in total liabilities, with a liability-to-asset ratio of 24.8%.

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

Download our app to receive breaking news alerts and read the news on the go.

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Innovation Takes Off at Flying Vehicle Expo

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Caixin Deep Dive: How China’s Crypto Ban Makes Disposing of Seized Assets a Lot Harder

00:00

00:00/00:00

MOST POPULAR

1: Cover Story: China’s Factory Exodus Is Turning Vietnam Into the World’s Assembler

2: Meituan Enters Open-Source AI Race With LongCat Model

3: Ex-UBS Banker in Hong Kong Jailed 10 Years for Laundering $17.2 Million

4: Saudi Power Giant ACWA Bets Big on China’s Renewable Energy Market

5: End of U.S. Tax Exemption Hits Chinese Air Cargo Carriers Differently