Souyute Group Co.,Ltd. Posted 668.1 Million Yuan Net Loss in First Half of 2022

Souyute Group Co.,Ltd. (搜于特集团股份有限公司) (002503.SZ) reported a net loss of 668.1 million yuan in the first half of 2022, narrowing 50.2% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 61.7% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 103.2%.