May 03, 2023 08:00 AM

Henan Xinye Textile Co.,Ltd. Posted 1.4 Billion Yuan Net Loss in 2022

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Henan Xinye Textile Co.,Ltd. (河南新野纺织股份有限公司) (002087.SZ) reported a net loss of 1.4 billion yuan in 2022, widening 333.9% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, down 35.1% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 89.6%.

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