Taier Heavy Industry Co.,Ltd. Posted 35.9 Million Yuan Net Loss in 2022

Taier Heavy Industry Co.,Ltd. (泰尔重工股份有限公司) (002347.SZ) reported a net loss of 35.9 million yuan in 2022, reversing a net profit of 26.2 million yuan for the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.