Huizhou Speed Wireless Technology Co.,Ltd. Posted 25.9 Million Yuan Net Loss in First Three Quarters of 2022

Huizhou Speed Wireless Technology Co.,Ltd. (惠州硕贝德无线科技股份有限公司) (300322.SZ) reported a net loss of 25.9 million yuan in the first three quarters of 2022, reversing a net profit of 45.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 54.5%.