Kingland Technology Co.,Ltd. Posted 483.4 Million Yuan Net Loss in First Three Quarters of 2022

Kingland Technology Co.,Ltd. (京蓝科技股份有限公司) (000711.SZ) reported a net loss of 483.4 million yuan in the first three quarters of 2022, widening 29.1% year-on-year.

Meanwhile, the company posted 181.5 million yuan in revenue, down 70% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 92.2%.