Tanac Automation Co.,Ltd. Posted 65.9 Million Yuan Net Loss in 2022

Tanac Automation Co.,Ltd. (浙江田中精机股份有限公司) (300461.SZ) reported a net loss of 65.9 million yuan in 2022, reversing a net profit of 31.8 million yuan for the previous year.

Meanwhile, the company posted 190.5 million yuan in revenue, down 44.6% year-on-year.

At the end of the reporting period, it had 930.5 million yuan in total assets and 263.8 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.