Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. Posted 7 Million Yuan Net Loss in First Three Quarters of 2022

Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. (宁波GQY视讯股份有限公司) (300076.SZ) reported a net loss of 7 million yuan in the first three quarters of 2022, narrowing 29% year-on-year.

Meanwhile, the company posted 74.9 million yuan in revenue, down 35% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 204.2 million yuan in total liabilities, with a liability-to-asset ratio of 16.7%.