Apr 29, 2023 08:00 AM

Huayi Electric Company Limited Posted 484.5 Million Yuan Net Loss in 2022

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Huayi Electric Company Limited (华仪电气股份有限公司) (600290.SH) reported a net loss of 484.5 million yuan in 2022, narrowing 41.8% year-on-year.

Meanwhile, the company posted 296.5 million yuan in revenue, down 19.5% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 102.7%.

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