China's COSL cuts 2022 capital expenditure

Net profit dived by up to 91% in part due to impairment loss on fixed assets

Headquarters: COSL is based in Yanjiao on the outskirts of Beijing
Headquarters: COSL is based in Yanjiao on the outskirts of BeijingPhoto: XU YIHE
Published 26 January 2022, 02:18Updated 31 January 2022, 17:09