Kunming Yunnei Power Co.,Ltd. Posted 1.3 Billion Yuan Net Loss in 2022

Kunming Yunnei Power Co.,Ltd. (昆明云内动力股份有限公司) (000903.SZ) reported a net loss of 1.3 billion yuan in 2022, reversing a net profit of 74.9 million yuan for the previous year.

Meanwhile, the company posted 4.8 billion yuan in revenue, down 40.3% year-on-year.

At the end of the reporting period, it had 13.3 billion yuan in total assets and 8.9 billion yuan in total liabilities, with a liability-to-asset ratio of 67.1%.