Csg Smart Science&Technology Co.,Ltd. Posted 55.1 Million Yuan Net Loss in First Half of 2022

Csg Smart Science&Technology Co.,Ltd. (科大智能科技股份有限公司) (300222.SZ) reported a net loss of 55.1 million yuan in the first half of 2022, reversing a net profit of 223.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 33.6% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 64.3%.