Trust Alliance Information Development Inc.,Ltd.Shanghai Posted 62.9 Million Yuan Net Loss in First Half of 2022

Trust Alliance Information Development Inc.,Ltd.Shanghai (上海信联信息发展股份有限公司) (300469.SZ) reported a net loss of 62.9 million yuan in the first half of 2022, widening 2311.1% year-on-year.

Meanwhile, the company posted 57.2 million yuan in revenue, down 65.9% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 717.8 million yuan in total liabilities, with a liability-to-asset ratio of 66.6%.