Apr 29, 2023 08:00 AM

Sichuan Languang Development Co.,Ltd. Posted 26.2 Billion Yuan Net Loss in 2022

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Sichuan Languang Development Co.,Ltd. (四川蓝光发展股份有限公司) (600466.SH) reported a net loss of 26.2 billion yuan in 2022, widening 82.3% year-on-year.

Meanwhile, the company posted 19.3 billion yuan in revenue, down 4% year-on-year.

At the end of the reporting period, it had 132.3 billion yuan in total assets and 152.7 billion yuan in total liabilities, with a liability-to-asset ratio of 115.4%.

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