Suzhou Victory Precision Manufacture Co.,Ltd. Posted 47.3 Million Yuan Net Loss in First Half of 2022

Suzhou Victory Precision Manufacture Co.,Ltd. (苏州胜利精密制造科技股份有限公司) (002426.SZ) reported a net loss of 47.3 million yuan in the first half of 2022, reversing a net profit of 35 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 25.8% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50%.