Hunan Zhenghong Science And Technology Develop Co.,Ltd. Posted 107.9 Million Yuan Net Loss in First Three Quarters of 2022

Hunan Zhenghong Science And Technology Develop Co.,Ltd. (湖南正虹科技发展股份有限公司) (000702.SZ) reported a net loss of 107.9 million yuan in the first three quarters of 2022, narrowing 66.6% year-on-year.

Meanwhile, the company posted 837.3 million yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 826.9 million yuan in total assets and 661.3 million yuan in total liabilities, with a liability-to-asset ratio of 80%.