Henan Qing Shui Yuan Technology Co.,Ltd. Posted 48 Million Yuan Net Loss in 2022

Henan Qing Shui Yuan Technology Co.,Ltd. (河南清水源科技股份有限公司) (300437.SZ) reported a net loss of 48 million yuan in 2022, reversing a net profit of 80.5 million yuan for the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 10.2% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.5%.