Rongfeng Holding Group Co.,Ltd. Posted 38.2 Million Yuan Net Loss in 2022

Rongfeng Holding Group Co.,Ltd. (荣丰控股集团股份有限公司) (000668.SZ) reported a net loss of 38.2 million yuan in 2022, reversing a net profit of 279.6 million yuan for the previous year.

Meanwhile, the company posted 638.6 million yuan in revenue, up 153.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 43.6%.