Shenwu Energy Saving Co.,Ltd. Posted 20.9 Million Yuan Net Loss in 2022

Shenwu Energy Saving Co.,Ltd. (神雾节能股份有限公司) (000820.SZ) reported a net loss of 20.9 million yuan in 2022, reversing a net profit of 2 billion yuan for the previous year.

Meanwhile, the company posted 156.7 million yuan in revenue, up 30.4% year-on-year.

At the end of the reporting period, it had 352.2 million yuan in total assets and 234.7 million yuan in total liabilities, with a liability-to-asset ratio of 66.6%.