Shandong Chiway Industry Development Co.,Ltd. Posted 841.9 Million Yuan Net Loss in 2022

Shandong Chiway Industry Development Co.,Ltd. (山东中锐产业发展股份有限公司) (002374.SZ) reported a net loss of 841.9 million yuan in 2022, widening 25.3% year-on-year.

Meanwhile, the company posted 840.6 million yuan in revenue, up 23.1% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 65.7%.