Apr 29, 2023 08:00 AM

Elec-Tech International Co.,Ltd. Posted 371.9 Million Yuan Net Loss in 2022

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Elec-Tech International Co.,Ltd. (安徽德豪润达电气股份有限公司) (002005.SZ) reported a net loss of 371.9 million yuan in 2022, narrowing 30.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 43% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 52.8%.

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