Fujian Ideal Jewellery Industrial Co.,Ltd. Posted 708.5 Million Yuan Net Loss in 2022

Fujian Ideal Jewellery Industrial Co.,Ltd. (福建省爱迪尔珠宝实业股份有限公司) (002740.SZ) reported a net loss of 708.5 million yuan in 2022, narrowing 8.2% year-on-year.

Meanwhile, the company posted 366.5 million yuan in revenue, down 56.5% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 135.3%.