Aug 28, 2022 08:00 AM

Svg Tech Group Co.,Ltd. Posted 6.1 Million Yuan Net Loss in First Half of 2022

By Caixin Automation

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net loss of 6.1 million yuan in the first half of 2022, reversing a net profit of 50.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 880.4 million yuan in revenue, up 9.9% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 41%.

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