Hangzhou Lianluo Interactive Information Technology Co.,Ltd. Posted 761.4 Million Yuan Net Loss in First Three Quarters of 2022

Hangzhou Lianluo Interactive Information Technology Co.,Ltd. (杭州联络互动信息科技股份有限公司) (002280.SZ) reported a net loss of 761.4 million yuan in the first three quarters of 2022, widening 275.6% year-on-year.

Meanwhile, the company posted 9 billion yuan in revenue, down 26.9% year-on-year.

At the end of the reporting period, it had 9.9 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 84%.