Qingdao Tgood Electric Co.,Ltd. Posted 16.7 Million Yuan Net Loss in First Half of 2022

Qingdao Tgood Electric Co.,Ltd. (青岛特锐德电气股份有限公司) (300001.SZ) reported a net loss of 16.7 million yuan in the first half of 2022, widening 1.7% year-on-year.

Meanwhile, the company posted 4.5 billion yuan in revenue, up 32.9% year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 65.4%.