May 03, 2023 08:00 AM

Shenzhen Hongtao Group Co.,Ltd. Posted 749.1 Million Yuan Net Loss in 2022

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Shenzhen Hongtao Group Co.,Ltd. (深圳洪涛集团股份有限公司) (002325.SZ) reported a net loss of 749.1 million yuan in 2022, widening 254.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 48.6% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.

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