Trust Alliance Information Development Inc.,Ltd.Shanghai Posted 82 Million Yuan Net Loss in First Three Quarters 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 82 million yuan in the first three quarters of 2022, widening 778.8% year-on-year.

Meanwhile, the company posted 123.7 million yuan in revenue, down 60.2% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 677.4 million yuan in total liabilities, with a liability-to-asset ratio of 65.8%.