Yiren Textile (871957): Loss Of 8.8891 Million Yuan In 2022 Was Transferred From Profit To Loss On A Year-On-Year Basis

Yiren Textile (871957) recently released its 2022 annual report. During the reporting period, the company realized an operating income of 398360176.17 yuan, down 12.06% year on year; The net profit attributable to the shareholders of the listed company was -8889051.06 yuan, which was changed from profit to loss over the same period of the previous year.

During the reporting period, the net cash flow from operating activities was -1546263.12 yuan, and the net assets attributable to the shareholders of the listed company were 136644376.49 yuan.

During the reporting period, the company's operating revenue was 398360176.17 yuan, a decrease of 12.06% over the same period of the previous year, which was mainly affected by the epidemic in 2022. The reduction of sales orders led to a decline in operating revenue. Other income during the reporting period was 567875.72 yuan, a year-on-year decrease of 75.04%, mainly due to the decrease of government subsidies. During the reporting period, the operating profit was -12952979.15 yuan, a decrease of 380.02% over the same period of the previous year, which was mainly caused by the reduction of sales orders in 2022 due to the epidemic.

According to the data, Yiren Textile is mainly engaged in the production and sales of yarn and cloth.