Shandong Ruyi Woolen Garment Group Co.,Ltd. Posted 200.1 Million Yuan Net Loss in 2022

Shandong Ruyi Woolen Garment Group Co.,Ltd. (山东如意毛纺服装集团股份有限公司) (002193.SZ) reported a net loss of 200.1 million yuan in 2022, widening 3714.9% year-on-year.

Meanwhile, the company posted 592.3 million yuan in revenue, down 14.1% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.