Zhejiang Red Dragonfly Footwear Co.,Ltd. Posted 31.9 Million Yuan Net Loss in 2022

Zhejiang Red Dragonfly Footwear Co.,Ltd. (浙江红蜻蜓鞋业股份有限公司) (603116.SH) reported a net loss of 31.9 million yuan in 2022, reversing a net profit of 48.3 million yuan for the previous year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 29.5%.