Guangdong Haomei New Material Co.,Ltd. Posted 112 Million Yuan Net Loss in 2022

Guangdong Haomei New Material Co.,Ltd. (广东豪美新材股份有限公司) (002988.SZ) reported a net loss of 112 million yuan in 2022, reversing a net profit of 137.7 million yuan for the previous year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 3.3% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.5%.