Guangdong Silver Age Sci&Tech Co.,Ltd. Posted 6.4 Million Yuan Net Loss in First Three Quarters of 2022

Guangdong Silver Age Sci&Tech Co.,Ltd. (广东银禧科技股份有限公司) (300221.SZ) reported a net loss of 6.4 million yuan in the first three quarters of 2022, reversing a net profit of 71.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 9.5% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 550.7 million yuan in total liabilities, with a liability-to-asset ratio of 30.5%.