Beijing Watertek Information Technology Co.,Ltd. Posted 95.5 Million Yuan Net Loss in First Half of 2022

Beijing Watertek Information Technology Co.,Ltd. (北京旋极信息技术股份有限公司) (300324.SZ) reported a net loss of 95.5 million yuan in the first half of 2022, narrowing 35.8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 35.9%.