Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. Posted 170.1 Million Yuan Net Loss in 2022

Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. (宁夏中科生物科技股份有限公司) (600165.SH) reported a net loss of 170.1 million yuan in 2022, narrowing 10.2% year-on-year.

Meanwhile, the company posted 681.1 million yuan in revenue, up 173.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 72.7%.