Primeton Information Technologies,Inc. Posted 27.5 Million Yuan Net Loss in First Half of 2022

Primeton Information Technologies,Inc. (普元信息技术股份有限公司) (688118.SH) reported a net loss of 27.5 million yuan in the first half of 2022, widening 171.1% year-on-year.

Meanwhile, the company posted 136.7 million yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 122 million yuan in total liabilities, with a liability-to-asset ratio of 12.7%.