China Transinfo Technology Co.,Ltd. Posted 477.7 Million Yuan Net Loss in 2022

China Transinfo Technology Co.,Ltd. (北京千方科技股份有限公司) (002373.SZ) reported a net loss of 477.7 million yuan in 2022, reversing a net profit of 809.5 million yuan for the previous year.

Meanwhile, the company posted 7 billion yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 19.4 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.