Zhongfu Information Inc. Posted 382.6 Million Yuan Net Loss in First Three Quarters of 2022

Zhongfu Information Inc. (中孚信息股份有限公司) (300659.SZ) reported a net loss of 382.6 million yuan in the first three quarters of 2022, reversing a net profit of 4.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 391.9 million yuan in revenue, down 36.8% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 528.6 million yuan in total liabilities, with a liability-to-asset ratio of 28.9%.