Svg Tech Group Co.,Ltd. Posted 7.8 Million Yuan Net Loss in First Three Quarters of 2022

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net loss of 7.8 million yuan in the first three quarters of 2022, reversing a net profit of 45.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 40.8%.