Sunyard Technology Co.,Ltd. Posted 72.5 Million Yuan Net Loss in First Half of 2022

Sunyard Technology Co.,Ltd. (信雅达科技股份有限公司) (600571.SH) reported a net loss of 72.5 million yuan in the first half of 2022, reversing a net profit of 299.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 747.3 million yuan in revenue, up 16.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 516.5 million yuan in total liabilities, with a liability-to-asset ratio of 28.1%.