Holitech Technology Co.,Ltd. Posted 3.4 Billion Yuan Net Loss in 2022

Holitech Technology Co.,Ltd. (合力泰科技股份有限公司) (002217.SZ) reported a net loss of 3.4 billion yuan in 2022, reversing a net profit of 110.3 million yuan for the previous year.

Meanwhile, the company posted 11.9 billion yuan in revenue, down 26.6% year-on-year.

At the end of the reporting period, it had 23.3 billion yuan in total assets and 16.7 billion yuan in total liabilities, with a liability-to-asset ratio of 72%.