Shenwu Energy Saving Co.,Ltd. Posted 6.4 Million Yuan Net Loss in First Three Quarters of 2022

Shenwu Energy Saving Co.,Ltd. (神雾节能股份有限公司) (000820.SZ) reported a net loss of 6.4 million yuan in the first three quarters of 2022, reversing a net profit of 2 billion yuan for the same period in the previous year.

Meanwhile, the company posted 60.3 million yuan in revenue, up 3807.3% year-on-year.

At the end of the reporting period, it had 275.8 million yuan in total assets and 146.2 million yuan in total liabilities, with a liability-to-asset ratio of 53%.