May 03, 2023 08:00 AM

Shenzhen Grandland Group Co.,Ltd. Posted 5.6 Billion Yuan Net Loss in 2022

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Shenzhen Grandland Group Co.,Ltd. (深圳广田集团股份有限公司) (002482.SZ) reported a net loss of 5.6 billion yuan in 2022, narrowing 2.3% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 55.7% year-on-year.

At the end of the reporting period, it had 10.8 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 146.5%.

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