Xi'An Tianhe Defense Technology Co.,Ltd. Posted 166.1 Million Yuan Net Loss in 2022

Xi"An Tianhe Defense Technology Co.,Ltd. (西安天和防务技术股份有限公司) (300397.SZ) reported a net loss of 166.1 million yuan in 2022, widening 115.8% year-on-year.

Meanwhile, the company posted 501.8 million yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 726.8 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.