May 03, 2023 08:00 AM

Shenzhen Changfang Group Co.,Ltd. Posted 224.9 Million Yuan Net Loss in 2022

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Shenzhen Changfang Group Co.,Ltd. (深圳市长方集团股份有限公司) (300301.SZ) reported a net loss of 224.9 million yuan in 2022, narrowing 20.2% year-on-year.

Meanwhile, the company posted 728.4 million yuan in revenue, down 54.1% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 802.6 million yuan in total liabilities, with a liability-to-asset ratio of 80.6%.

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