Oceanwide Holdings Co.,Ltd. Posted 13.3 Billion Yuan Net Loss in 2022

Oceanwide Holdings Co.,Ltd. (泛海控股股份有限公司) (000046.SZ) reported a net loss of 13.3 billion yuan in 2022, widening 1.6% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 12.4% year-on-year.

At the end of the reporting period, it had 105.2 billion yuan in total assets and 104.3 billion yuan in total liabilities, with a liability-to-asset ratio of 99.2%.