Asiainfo Security Technologies Co.,Ltd. Posted 76.2 Million Yuan Net Loss in First Quarter of 2022

Asiainfo Security Technologies Co.,Ltd. (亚信安全科技股份有限公司) (688225.SH) reported a net loss of 76.2 million yuan in the first quarter of 2022, widening 4149.2% year-on-year.

Meanwhile, the company posted 284.8 million yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 937.3 million yuan in total liabilities, with a liability-to-asset ratio of 26.9%.