Suzhou New Sea Union Telecom Technology Co.,Ltd. Posted 7.9 Million Yuan Net Profit in First Three Quarters of 2022

Suzhou New Sea Union Telecom Technology Co.,Ltd. (新海宜科技集团股份有限公司) (002089.SZ) reported a net profit of 7.9 million yuan in the first three quarters of 2022, reversing a net loss of 122.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 144.3 million yuan in revenue, down 19.8% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 870.2 million yuan in total liabilities, with a liability-to-asset ratio of 41.2%.