Wg Tech(Jiangxi) Co.,Ltd. Posted 16.2 Million Yuan Net Loss in First Three Quarters of 2022

Wg Tech(Jiangxi) Co.,Ltd. (江西沃格光电股份有限公司) (603773.SH) reported a net loss of 16.2 million yuan in the first three quarters of 2022, widening 280.6% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 58.1% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.