Jiangsu Gian Technology Co.,Ltd. Posted 262.6 Million Yuan Net Loss in 2022

Jiangsu Gian Technology Co.,Ltd. (江苏精研科技股份有限公司) (300709.SZ) reported a net loss of 262.6 million yuan in 2022, reversing a net profit of 179.1 million yuan for the previous year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 1.3% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.