China High-Speed Railway Technology Co.,Ltd. Posted 847.3 Million Yuan Net Loss in 2022

China High-Speed Railway Technology Co.,Ltd. (神州高铁技术股份有限公司) (000008.SZ) reported a net loss of 847.3 million yuan in 2022, narrowing 38.6% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 19.9% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.2%.