Suzhou Victory Precision Manufacture Co.,Ltd. Posted 249.1 Million Yuan Net Loss in 2022

Suzhou Victory Precision Manufacture Co.,Ltd. (苏州胜利精密制造科技股份有限公司) (002426.SZ) reported a net loss of 249.1 million yuan in 2022, reversing a net profit of 38.9 million yuan for the previous year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 17.6% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50%.