Guangdong Huafeng New Energy Technology Co.,Ltd. Posted 50.1 Million Yuan Net Loss in First Three Quarters of 2023

Guangdong Huafeng New Energy Technology Co.,Ltd. (广东华锋新能源科技股份有限公司) (002806.SZ) reported a net loss of 50.1 million yuan in the first three quarters of 2023, widening 285.3% year-on-year.

Meanwhile, the company posted 521.4 million yuan in revenue, up 7.8% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 829.4 million yuan in total liabilities, with a liability-to-asset ratio of 42%.