Apr 14, 2023 08:00 AM

Guangdng Sitong Group Co.,Ltd. Posted 26.1 Million Yuan Net Loss in 2022

By Caixin Automation

Guangdng Sitong Group Co.,Ltd. (广东四通集团股份有限公司) (603838.SH) reported a net loss of 26.1 million yuan in 2022, reversing a net profit of 32.2 million yuan for the previous year.

Meanwhile, the company posted 237.1 million yuan in revenue, down 37.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 68.7 million yuan in total liabilities, with a liability-to-asset ratio of 6.2%.

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