Hongbo Co.,Ltd. Posted 32.9 Million Yuan Net Loss in First Three Quarters of 2022

Hongbo Co.,Ltd. (鸿博股份有限公司) (002229.SZ) reported a net loss of 32.9 million yuan in the first three quarters of 2022, reversing a net profit of 17.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 374 million yuan in revenue, down 6.9% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 711.5 million yuan in total liabilities, with a liability-to-asset ratio of 29%.