Suzhou Keda Technology Co.,Ltd. Posted 591.1 Million Yuan Net Loss in 2022

Suzhou Keda Technology Co.,Ltd. (苏州科达科技股份有限公司) (603660.SH) reported a net loss of 591.1 million yuan in 2022, reversing a net profit of 63.5 million yuan for the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 39.7% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 60.3%.