Qingdao Kingking Applied Chemistry Co.,Ltd. Posted 875.3 Million Yuan Net Loss in 2022

Qingdao Kingking Applied Chemistry Co.,Ltd. (青岛金王应用化学股份有限公司) (002094.SZ) reported a net loss of 875.3 million yuan in 2022, widening 4877.1% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, down 6.4% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 54.7%.