Ningbo Xianfeng New Material Co.,Ltd. Posted 1.9 Million Yuan Net Loss in 2022

Ningbo Xianfeng New Material Co.,Ltd. (宁波先锋新材料股份有限公司) (300163.SZ) reported a net loss of 1.9 million yuan in 2022, narrowing 51.6% year-on-year.

Meanwhile, the company posted 304.7 million yuan in revenue, down 0.5% year-on-year.

At the end of the reporting period, it had 643.7 million yuan in total assets and 50.8 million yuan in total liabilities, with a liability-to-asset ratio of 7.9%.