Tieling Newcity Investment Holding(Group) Limited Posted 36.1 Million Yuan Net Loss in 2022

Tieling Newcity Investment Holding(Group) Limited (铁岭新城投资控股(集团)股份有限公司) (000809.SZ) reported a net loss of 36.1 million yuan in 2022, narrowing 74.5% year-on-year.

Meanwhile, the company posted 221.8 million yuan in revenue, up 94.2% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 33.1%.