Shenzhen Kingsino Technology Co.,Ltd. Posted 15.2 Million Yuan Net Loss in 2022

Shenzhen Kingsino Technology Co.,Ltd. (深圳市金新农科技股份有限公司) (002548.SZ) reported a net loss of 15.2 million yuan in 2022, narrowing 98.6% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, down 18.3% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 68.7%.