Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. Posted 178.6 Million Yuan Net Loss in 2022

Shanghai Hyp-Arch Architectural Design Consultant Co.,Ltd. (上海霍普建筑设计事务所股份有限公司) (301024.SZ) reported a net loss of 178.6 million yuan in 2022, reversing a net profit of 46.9 million yuan for the previous year.

Meanwhile, the company posted 133.9 million yuan in revenue, down 60.7% year-on-year.

At the end of the reporting period, it had 796 million yuan in total assets and 131.6 million yuan in total liabilities, with a liability-to-asset ratio of 16.5%.