Sicc Co.,Ltd. Posted 117.3 Million Yuan Net Loss in First Three Quarters of 2022

Sicc Co.,Ltd. (山东天岳先进科技股份有限公司) (688234.SH) reported a net loss of 117.3 million yuan in the first three quarters of 2022, reversing a net profit of 53.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 269.5 million yuan in revenue, down 27.2% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 557.3 million yuan in total liabilities, with a liability-to-asset ratio of 9.5%.