Hubei Kaile Science And Technology Co.,Ltd. Posted 303.5 Million Yuan Net Loss in First Three Quarters of 2022

Hubei Kaile Science And Technology Co.,Ltd. (湖北凯乐科技股份有限公司) (600260.SH) reported a net loss of 303.5 million yuan in the first three quarters of 2022, narrowing 95.2% year-on-year.

Meanwhile, the company posted 601.4 million yuan in revenue, down 31.8% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 155.8%.