Shanghai Sanmao Enterprise(Group) Co.,Ltd. Posted 12.9 Million Yuan Net Loss in 2022

Shanghai Sanmao Enterprise(Group) Co.,Ltd. (上海三毛企业(集团)股份有限公司) (600689.SH) reported a net loss of 12.9 million yuan in 2022, reversing a net profit of 11.8 million yuan for the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 18.1% year-on-year.

At the end of the reporting period, it had 800.2 million yuan in total assets and 374.9 million yuan in total liabilities, with a liability-to-asset ratio of 46.9%.