Bright Oceans Inter-Telecom Corporation Posted 97.2 Million Yuan Net Loss in First Half of 2022

Bright Oceans Inter-Telecom Corporation (亿阳信通股份有限公司) (600289.SH) reported a net loss of 97.2 million yuan in the first half of 2022, narrowing 29.9% year-on-year.

Meanwhile, the company posted 133.8 million yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 613 million yuan in total liabilities, with a liability-to-asset ratio of 27.6%.