May 03, 2023 08:00 AM

Yango Group Co.,Ltd. Posted 12.6 Billion Yuan Net Loss in 2022

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Yango Group Co.,Ltd. (阳光城集团股份有限公司) (000671.SZ) reported a net loss of 12.6 billion yuan in 2022, widening 68.7% year-on-year.

Meanwhile, the company posted 39.9 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 299.7 billion yuan in total assets and 274.6 billion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.

This article was automatically produced by Caixin Automation on May 8, 2023.

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