Gi Technologies Group Co.,Ltd. Posted 1.1 Billion Yuan Net Loss in 2022

Gi Technologies Group Co.,Ltd. (吉艾科技集团股份公司) (300309.SZ) reported a net loss of 1.1 billion yuan in 2022, widening 1.7% year-on-year.

Meanwhile, the company posted 51.5 million yuan in revenue, down 29.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 237.7%.