Jiangsu Zongyi Co.,Ltd. Posted 345.8 Million Yuan Net Loss in First Half of 2022

Jiangsu Zongyi Co.,Ltd. (江苏综艺股份有限公司) (600770.SH) reported a net loss of 345.8 million yuan in the first half of 2022, reversing a net profit of 28.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 190.1 million yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 919.9 million yuan in total liabilities, with a liability-to-asset ratio of 16.4%.