Beijing Seeyon Internet Software Corp. Posted 28.3 Million Yuan Net Loss in First Quarter of 2022

Beijing Seeyon Internet Software Corp. (北京致远互联软件股份有限公司) (688369.SH) reported a net loss of 28.3 million yuan in the first quarter of 2022, reversing a net profit of 3.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 141.8 million yuan in revenue, up 20.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 431.8 million yuan in total liabilities, with a liability-to-asset ratio of 23.3%.