Gi Technologies Group Co.,Ltd. Posted 225.8 Million Yuan Net Loss in First Half of 2022

Gi Technologies Group Co.,Ltd. (吉艾科技集团股份公司) (300309.SZ) reported a net loss of 225.8 million yuan in the first half of 2022, narrowing 42% year-on-year.

Meanwhile, the company posted 44.5 million yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 124.1%.