May 03, 2023 08:00 AM

Orient Group Incorporation Posted 1.2 Billion Yuan Net Loss in 2022

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Orient Group Incorporation (东方集团股份有限公司) (600811.SH) reported a net loss of 1.2 billion yuan in 2022, narrowing 33.8% year-on-year.

Meanwhile, the company posted 13 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 42.2 billion yuan in total assets and 24 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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