May 03, 2023 08:00 AM

Founder Technology Group Co.,Ltd. Posted 425.5 Million Yuan Net Loss in 2022

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Founder Technology Group Co.,Ltd. (方正科技集团股份有限公司) (600601.SH) reported a net loss of 425.5 million yuan in 2022, narrowing 64.9% year-on-year.

Meanwhile, the company posted 4.9 billion yuan in revenue, down 10% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.

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