Cecep Techand Ecology&Environment Co.,Ltd. Posted 910 Million Yuan Net Loss in 2022

Cecep Techand Ecology&Environment Co.,Ltd. (中节能铁汉生态环境股份有限公司) (300197.SZ) reported a net loss of 910 million yuan in 2022, widening 151.2% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 31.9 billion yuan in total assets and 24.8 billion yuan in total liabilities, with a liability-to-asset ratio of 78%.