May 05, 2023 08:00 AM

Suning.Com Co.,Ltd. Posted 16.8 Billion Yuan Net Loss in 2022

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Suning.Com Co.,Ltd. (苏宁易购集团股份有限公司) (002024.SZ) reported a net loss of 16.8 billion yuan in 2022, narrowing 62% year-on-year.

Meanwhile, the company posted 71.4 billion yuan in revenue, down 48.6% year-on-year.

At the end of the reporting period, it had 139.9 billion yuan in total assets and 124.8 billion yuan in total liabilities, with a liability-to-asset ratio of 89.2%.

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

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