Huizhou Speed Wireless Technology Co.,Ltd. Posted 8.5 Million Yuan Net Loss in First Half of 2022

Huizhou Speed Wireless Technology Co.,Ltd. (惠州硕贝德无线科技股份有限公司) (300322.SZ) reported a net loss of 8.5 million yuan in the first half of 2022, reversing a net profit of 34.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 814.5 million yuan in revenue, down 15.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 52.1%.