Nationz Technologies Co.,Ltd. Posted 18.9 Million Yuan Net Loss in 2022

Nationz Technologies Co.,Ltd. (国民技术股份有限公司) (300077.SZ) reported a net loss of 18.9 million yuan in 2022, reversing a net profit of 215.2 million yuan for the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.