Shanghai Welltech Automation Co.,Ltd. Posted 15.2 Million Yuan Net Loss in 2022

Shanghai Welltech Automation Co.,Ltd. (上海威尔泰工业自动化股份有限公司) (002058.SZ) reported a net loss of 15.2 million yuan in 2022, reversing a net profit of 23.8 million yuan for the previous year.

Meanwhile, the company posted 147.7 million yuan in revenue, down 39.7% year-on-year.

At the end of the reporting period, it had 373.2 million yuan in total assets and 171.4 million yuan in total liabilities, with a liability-to-asset ratio of 45.9%.