Hunan Copote Science&Technology Co.,Ltd. Posted 39.4 Million Yuan Net Loss in 2022

Hunan Copote Science&Technology Co.,Ltd. (湖南湘邮科技股份有限公司) (600476.SH) reported a net loss of 39.4 million yuan in 2022, reversing a net profit of 4 million yuan for the previous year.

Meanwhile, the company posted 585.8 million yuan in revenue, up 26.5% year-on-year.

At the end of the reporting period, it had 679 million yuan in total assets and 552.9 million yuan in total liabilities, with a liability-to-asset ratio of 81.4%.