May 06, 2023 08:00 AM

Thinker Agricultural Machinery Co.,Ltd. Posted 160.1 Million Yuan Net Loss in 2022

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Thinker Agricultural Machinery Co.,Ltd. (星光农机股份有限公司) (603789.SH) reported a net loss of 160.1 million yuan in 2022, narrowing 17.1% year-on-year.

Meanwhile, the company posted 243.9 million yuan in revenue, down 39.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 562.3 million yuan in total liabilities, with a liability-to-asset ratio of 52.3%.

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