Apr 21, 2023 08:00 AM

Shandong Kehui Power Automation Co.,Ltd. Posted 7.8 Million Yuan Net Loss in 2022

By Caixin Automation

Shandong Kehui Power Automation Co.,Ltd. (山东科汇电力自动化股份有限公司) (688681.SH) reported a net loss of 7.8 million yuan in 2022, reversing a net profit of 54.6 million yuan for the previous year.

Meanwhile, the company posted 310 million yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 779.5 million yuan in total assets and 209.7 million yuan in total liabilities, with a liability-to-asset ratio of 26.9%.

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