Huizhou Speed Wireless Technology Co.,Ltd. Posted 94.5 Million Yuan Net Loss in 2022

Huizhou Speed Wireless Technology Co.,Ltd. (惠州硕贝德无线科技股份有限公司) (300322.SZ) reported a net loss of 94.5 million yuan in 2022, reversing a net profit of 53.1 million yuan for the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 20.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.