Shenzhen Zowee Technology Co.,Ltd. Posted 63.5 Million Yuan Net Loss in First Half of 2022

Shenzhen Zowee Technology Co.,Ltd. (深圳市卓翼科技股份有限公司) (002369.SZ) reported a net loss of 63.5 million yuan in the first half of 2022, reversing a net profit of 2.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.