Svg Tech Group Co.,Ltd. Posted 297 Million Yuan Net Loss in 2022

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net loss of 297 million yuan in 2022, narrowing 17.7% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 44.1%.