Avit Ltd. Posted 24.7 Million Yuan Net Loss in First Half of 2022

Avit Ltd. (深圳市佳创视讯技术股份有限公司) (300264.SZ) reported a net loss of 24.7 million yuan in the first half of 2022, widening 3.6% year-on-year.

Meanwhile, the company posted 56.6 million yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 329.8 million yuan in total assets and 204.1 million yuan in total liabilities, with a liability-to-asset ratio of 61.9%.