Kingland Technology Co.,Ltd. Posted 287.9 Million Yuan Net Loss in First Half of 2022

Kingland Technology Co.,Ltd. (京蓝科技股份有限公司) (000711.SZ) reported a net loss of 287.9 million yuan in the first half of 2022, widening 18.6% year-on-year.

Meanwhile, the company posted 124 million yuan in revenue, down 71.3% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 8 billion yuan in total liabilities, with a liability-to-asset ratio of 90.1%.