Neusoft Corporation Posted 346.9 Million Yuan Net Loss in 2022

Neusoft Corporation (东软集团股份有限公司) (600718.SH) reported a net loss of 346.9 million yuan in 2022, reversing a net profit of 1 billion yuan for the previous year.

Meanwhile, the company posted 9.5 billion yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 18.9 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 50.7%.