Xiamen Meiya Pico Information Co.,Ltd. Posted 218 Million Yuan Net Loss in First Three Quarters of 2022

Xiamen Meiya Pico Information Co.,Ltd. (厦门市美亚柏科信息股份有限公司) (300188.SZ) reported a net loss of 218 million yuan in the first three quarters of 2022, reversing a net profit of 26.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 11.1% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 31.1%.