Dbappsecurity Co.,Ltd. Posted 372.3 Million Yuan Net Loss in First Half of 2022

Dbappsecurity Co.,Ltd. (杭州安恒信息技术股份有限公司) (688023.SH) reported a net loss of 372.3 million yuan in the first half of 2022, widening 109.3% year-on-year.

Meanwhile, the company posted 534.6 million yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 37.3%.