Shenzhen Glory Medical Co.,Ltd. Posted 327.9 Million Yuan Net Loss in 2022

Shenzhen Glory Medical Co.,Ltd. (深圳市尚荣医疗股份有限公司) (002551.SZ) reported a net loss of 327.9 million yuan in 2022, reversing a net profit of 73.3 million yuan for the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 28.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 29.6%.