Suzhou Industrial Park Heshun Electric Co.,Ltd. Posted 11.7 Million Yuan Net Loss in 2022

Suzhou Industrial Park Heshun Electric Co.,Ltd. (苏州工业园区和顺电气股份有限公司) (300141.SZ) reported a net loss of 11.7 million yuan in 2022, reversing a net profit of 9.6 million yuan for the previous year.

Meanwhile, the company posted 310.6 million yuan in revenue, down 4.4% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 321.1 million yuan in total liabilities, with a liability-to-asset ratio of 32.3%.