Jiangmen Kanhoo Industry Co.,Ltd. Posted 460.1 Million Yuan Net Loss in 2022

Jiangmen Kanhoo Industry Co.,Ltd. (江门市科恒实业股份有限公司) (300340.SZ) reported a net loss of 460.1 million yuan in 2022, reversing a net profit of 14.4 million yuan for the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, up 19% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 94.5%.