Xinjiang Sailing Information Technology Co.,Ltd. Posted 48.1 Million Yuan Net Loss in First Three Quarters of 2022

Xinjiang Sailing Information Technology Co.,Ltd. (新疆熙菱信息技术股份有限公司) (300588.SZ) reported a net loss of 48.1 million yuan in the first three quarters of 2022, widening 142% year-on-year.

Meanwhile, the company posted 114.4 million yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 891.5 million yuan in total assets and 457.4 million yuan in total liabilities, with a liability-to-asset ratio of 51.3%.