Suzhou Thvow Technology Co.,Ltd. Posted 223.2 Million Yuan Net Loss in First Three Quarters of 2022

Suzhou Thvow Technology Co.,Ltd. (苏州天沃科技股份有限公司) (002564.SZ) reported a net loss of 223.2 million yuan in the first three quarters of 2022, widening 58.9% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 40.3% year-on-year.

At the end of the reporting period, it had 28.6 billion yuan in total assets and 26.6 billion yuan in total liabilities, with a liability-to-asset ratio of 93%.