May 03, 2023 08:00 AM

Hunan Mendale Hometextile Co.,Ltd. Posted 448.2 Million Yuan Net Loss in 2022

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Hunan Mendale Hometextile Co.,Ltd. (湖南梦洁家纺股份有限公司) (002397.SZ) reported a net loss of 448.2 million yuan in 2022, widening 183.8% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.

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