Beijing Vrv Software Corporation Limited. Posted 46.9 Million Yuan Net Loss in First Half of 2022

Beijing Vrv Software Corporation Limited. (北京北信源软件股份有限公司) (300352.SZ) reported a net loss of 46.9 million yuan in the first half of 2022, reversing a net profit of 31.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 231.1 million yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 43%.