Wuxi Hodgen Technology Co.,Ltd. Posted 313.3 Million Yuan Net Loss in 2022

Wuxi Hodgen Technology Co.,Ltd. (无锡和晶科技股份有限公司) (300279.SZ) reported a net loss of 313.3 million yuan in 2022, reversing a net profit of 61.4 million yuan for the previous year.

Meanwhile, the company posted 2 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.