Cecep Techand Ecology&Environment Co.,Ltd. Posted 400.9 Million Yuan Net Loss in First Three Quarters of 2022

Cecep Techand Ecology&Environment Co.,Ltd. (中节能铁汉生态环境股份有限公司) (300197.SZ) reported a net loss of 400.9 million yuan in the first three quarters of 2022, widening 69.1% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 8.7% year-on-year.

At the end of the reporting period, it had 31.5 billion yuan in total assets and 24 billion yuan in total liabilities, with a liability-to-asset ratio of 76%.