Hillstone Networks Co.,Ltd. Posted 76.9 Million Yuan Net Loss in First Half of 2022

Hillstone Networks Co.,Ltd. (山石网科通信技术股份有限公司) (688030.SH) reported a net loss of 76.9 million yuan in the first half of 2022, narrowing 21.7% year-on-year.

Meanwhile, the company posted 384.6 million yuan in revenue, up 30.4% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 581.5 million yuan in total liabilities, with a liability-to-asset ratio of 28.7%.