Suzhou New Sea Union Telecom Technology Co.,Ltd. Posted 302 Million Yuan Net Loss in 2022

Suzhou New Sea Union Telecom Technology Co.,Ltd. (新海宜科技集团股份有限公司) (002089.SZ) reported a net loss of 302 million yuan in 2022, widening 1073.3% year-on-year.

Meanwhile, the company posted 175.8 million yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 833.3 million yuan in total liabilities, with a liability-to-asset ratio of 46.1%.