Hongbo Co.,Ltd. Posted 56.8 Million Yuan Net Loss in 2022

Hongbo Co.,Ltd. (鸿博股份有限公司) (002229.SZ) reported a net loss of 56.8 million yuan in 2022, reversing a net profit of 21 million yuan for the previous year.

Meanwhile, the company posted 545.6 million yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 735.3 million yuan in total liabilities, with a liability-to-asset ratio of 29.9%.