Kingsignal Technology Co.,Ltd. Posted 392.4 Million Yuan Net Loss in 2022

Kingsignal Technology Co.,Ltd. (深圳金信诺高新技术股份有限公司) (300252.SZ) reported a net loss of 392.4 million yuan in 2022, reversing a net profit of 53.5 million yuan for the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 22% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 64.3%.