Xiamen King Long Motor Group Co.,Ltd. Posted 456.8 Million Yuan Net Loss in 2022

Xiamen King Long Motor Group Co.,Ltd. (厦门金龙汽车集团股份有限公司) (600686.SH) reported a net loss of 456.8 million yuan in 2022, narrowing 41.1% year-on-year.

Meanwhile, the company posted 18.2 billion yuan in revenue, up 18.3% year-on-year.

At the end of the reporting period, it had 27.8 billion yuan in total assets and 23.3 billion yuan in total liabilities, with a liability-to-asset ratio of 83.9%.