Gi Technologies Group Co.,Ltd. Posted 387.5 Million Yuan Net Loss in First Three Quarters of 2022

Gi Technologies Group Co.,Ltd. (吉艾科技集团股份公司) (300309.SZ) reported a net loss of 387.5 million yuan in the first three quarters of 2022, narrowing 36.6% year-on-year.

Meanwhile, the company posted 49.6 million yuan in revenue, down 16.9% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 127.8%.