Beijing Sojo Electric Co.,Ltd. Posted 66.6 Million Yuan Net Loss in First Half of 2022

Beijing Sojo Electric Co.,Ltd. (北京双杰电气股份有限公司) (300444.SZ) reported a net loss of 66.6 million yuan in the first half of 2022, reversing a net profit of 4.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 848.1 million yuan in revenue, up 67.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 64.4%.