Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. Posted 84.4 Million Yuan Net Loss in First Three Quarters of 2022

Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. (上海霍普建筑设计事务所股份有限公司) (301024.SZ) reported a net loss of 84.4 million yuan in the first three quarters of 2022, reversing a net profit of 41.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 100.3 million yuan in revenue, down 57.7% year-on-year.

At the end of the reporting period, it had 826.6 million yuan in total assets and 100.9 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.