China Greatwall Technology Group Co.,Ltd. Posted 257 Million Yuan Net Loss in First Half of 2022

China Greatwall Technology Group Co.,Ltd. (中国长城科技集团股份有限公司) (000066.SZ) reported a net loss of 257 million yuan in the first half of 2022, widening 543.6% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 34.6 billion yuan in total assets and 20.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.9%.