Wuxi Hodgen Technology Co.,Ltd. Posted 82.3 Million Yuan Net Loss in First Three Quarters 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 82.3 million yuan in the first three quarters of 2022, reversing a net profit of 26.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.