Hanwang Technology Co.,Ltd. Posted 60.8 Million Yuan Net Loss in First Three Quarters of 2022

Hanwang Technology Co.,Ltd. (汉王科技股份有限公司) (002362.SZ) reported a net loss of 60.8 million yuan in the first three quarters of 2022, reversing a net profit of 85.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 926 million yuan in revenue, down 16.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 356.8 million yuan in total liabilities, with a liability-to-asset ratio of 17.4%.