Jiangxi Hengda Hi-Tech Co.,Ltd. Posted 63.4 Million Yuan Net Loss in 2022

Jiangxi Hengda Hi-Tech Co.,Ltd. (江西恒大高新技术股份有限公司) (002591.SZ) reported a net loss of 63.4 million yuan in 2022, reversing a net profit of 17.5 million yuan for the previous year.

Meanwhile, the company posted 373.8 million yuan in revenue, down 29.2% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 288.6 million yuan in total liabilities, with a liability-to-asset ratio of 28.6%.