Changchun Yidong Clutch Co.,Ltd. Posted 1.7 Million Yuan Net Loss in 2022

Changchun Yidong Clutch Co.,Ltd. (长春一东离合器股份有限公司) (600148.SH) reported a net loss of 1.7 million yuan in 2022, reversing a net profit of 69.4 million yuan for the previous year.

Meanwhile, the company posted 550.6 million yuan in revenue, down 51% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 444.7 million yuan in total liabilities, with a liability-to-asset ratio of 41.9%.