Beijing Cuiwei Tower Co.,Ltd. Posted 442.9 Million Yuan Net Loss in 2022

Beijing Cuiwei Tower Co.,Ltd. (北京翠微大厦股份有限公司) (603123.SH) reported a net loss of 442.9 million yuan in 2022, reversing a net profit of 167.8 million yuan for the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.1%.