Tsinghua Tongfang Co.,Ltd. Posted 502 Million Yuan Net Loss in First Half of 2022

Tsinghua Tongfang Co.,Ltd. (同方股份有限公司) (600100.SH) reported a net loss of 502 million yuan in the first half of 2022, narrowing 13% year-on-year.

Meanwhile, the company posted 8.6 billion yuan in revenue, down 23.3% year-on-year.

At the end of the reporting period, it had 57 billion yuan in total assets and 37.3 billion yuan in total liabilities, with a liability-to-asset ratio of 65.3%.