Hunan Zhenghong Science And Technology Develop Co.,Ltd. Posted 155.7 Million Yuan Net Loss in 2022

Hunan Zhenghong Science And Technology Develop Co.,Ltd. (湖南正虹科技发展股份有限公司) (000702.SZ) reported a net loss of 155.7 million yuan in 2022, narrowing 53.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 796.6 million yuan in total assets and 679.4 million yuan in total liabilities, with a liability-to-asset ratio of 85.3%.