Xi'An Tianhe Defense Technology Co.,Ltd. Posted 43.2 Million Yuan Net Loss in First Three Quarters of 2022

Xi"An Tianhe Defense Technology Co.,Ltd. (西安天和防务技术股份有限公司) (300397.SZ) reported a net loss of 43.2 million yuan in the first three quarters of 2022, widening 10720.9% year-on-year.

Meanwhile, the company posted 341.2 million yuan in revenue, down 17.5% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 678.5 million yuan in total liabilities, with a liability-to-asset ratio of 25.9%.