May 03, 2023 08:00 AM

Kraussmaffei Company Limited Posted 1.6 Billion Yuan Net Loss in 2022

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Kraussmaffei Company Limited (克劳斯玛菲股份有限公司) (600579.SH) reported a net loss of 1.6 billion yuan in 2022, widening 557.8% year-on-year.

Meanwhile, the company posted 10.4 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 16.6 billion yuan in total liabilities, with a liability-to-asset ratio of 82.6%.

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