Huayi Electric Company Limited Posted 138.8 Million Yuan Net Loss in First Three Quarters of 2022

Huayi Electric Company Limited (华仪电气股份有限公司) (600290.SH) reported a net loss of 138.8 million yuan in the first three quarters of 2022, narrowing 49.3% year-on-year.

Meanwhile, the company posted 196.7 million yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 93.6%.