May 03, 2023 08:00 AM

Hainan Yedao(Group) Co.,Ltd. Posted 119.7 Million Yuan Net Loss in 2022

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Hainan Yedao(Group) Co.,Ltd. (海南椰岛(集团)股份有限公司) (600238.SH) reported a net loss of 119.7 million yuan in 2022, widening 82.9% year-on-year.

Meanwhile, the company posted 416.4 million yuan in revenue, down 50% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 770.7 million yuan in total liabilities, with a liability-to-asset ratio of 65.1%.

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