Linewell Software Co.,Ltd. Posted 46.6 Million Yuan Net Loss in First Half of 2022

Linewell Software Co.,Ltd. (南威软件股份有限公司) (603636.SH) reported a net loss of 46.6 million yuan in the first half of 2022, reversing a net profit of 4.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 344.2 million yuan in revenue, down 25.2% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.9%.