Lootom Telcovideo Network(Wuxi) Co.,Ltd. Posted 829,682 Yuan Net Loss in First Half of 2022

Lootom Telcovideo Network(Wuxi) Co.,Ltd. (无锡路通视信网络股份有限公司) (300555.SZ) reported a net loss of 829,682 yuan in the first half of 2022, narrowing 22.1% year-on-year.

Meanwhile, the company posted 116.7 million yuan in revenue, up 41.5% year-on-year.

At the end of the reporting period, it had 807.3 million yuan in total assets and 166.7 million yuan in total liabilities, with a liability-to-asset ratio of 20.7%.