Suzhou Industrial Park Heshun Electric Co.,Ltd. Posted 5.1 Million Yuan Net Loss in First Three Quarters of 2022

Suzhou Industrial Park Heshun Electric Co.,Ltd. (苏州工业园区和顺电气股份有限公司) (300141.SZ) reported a net loss of 5.1 million yuan in the first three quarters of 2022, reversing a net profit of 725,080 yuan for the same period in the previous year.

Meanwhile, the company posted 156.4 million yuan in revenue, down 32.5% year-on-year.

At the end of the reporting period, it had 949 million yuan in total assets and 269.4 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.