Shanghai Huahongjt Smart System Co.,Ltd. Posted 23.6 Million Yuan Net Loss in First Three Quarters of 2022

Shanghai Huahongjt Smart System Co.,Ltd. (上海华虹计通智能系统股份有限公司) (300330.SZ) reported a net loss of 23.6 million yuan in the first three quarters of 2022, reversing a net profit of 1.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 144.3 million yuan in revenue, down 40.7% year-on-year.

At the end of the reporting period, it had 595.6 million yuan in total assets and 231 million yuan in total liabilities, with a liability-to-asset ratio of 38.8%.