Shanghai Kinetic Medical Co.,Ltd. Posted 24 Million Yuan Net Loss in 2022

Shanghai Kinetic Medical Co.,Ltd. (上海凯利泰医疗科技股份有限公司) (300326.SZ) reported a net loss of 24 million yuan in 2022, reversing a net profit of 175 million yuan for the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 8.1% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 597.4 million yuan in total liabilities, with a liability-to-asset ratio of 17.5%.