Elec-Tech International Co.,Ltd. Posted 231.4 Million Yuan Net Loss in First Three Quarters of 2022

Elec-Tech International Co.,Ltd. (安徽德豪润达电气股份有限公司) (002005.SZ) reported a net loss of 231.4 million yuan in the first three quarters of 2022, widening 3.6% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 36.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.