Jiangxi Zhengbang Technology Co.,Ltd. Posted 8.4 Billion Yuan Net Loss in First Three Quarters of 2022

Jiangxi Zhengbang Technology Co.,Ltd. (江西正邦科技股份有限公司) (002157.SZ) reported a net loss of 8.4 billion yuan in the first three quarters of 2022, widening 6.9% year-on-year.

Meanwhile, the company posted 13.4 billion yuan in revenue, down 66.5% year-on-year.

At the end of the reporting period, it had 30.7 billion yuan in total assets and 34.9 billion yuan in total liabilities, with a liability-to-asset ratio of 113.8%.