Wuxi Hodgen Technology Co.,Ltd. Posted 86.5 Million Yuan Net Loss in First Half of 2022

Wuxi Hodgen Technology Co.,Ltd. (无锡和晶科技股份有限公司) (300279.SZ) reported a net loss of 86.5 million yuan in the first half of 2022, reversing a net profit of 17.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 931.3 million yuan in revenue, down 9.4% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 69.5%.