360 Security Technology Inc. Posted 2.2 Billion Yuan Net Loss in 2022

360 Security Technology Inc. (三六零安全科技股份有限公司) (601360.SH) reported a net loss of 2.2 billion yuan in 2022, reversing a net profit of 840.4 million yuan for the previous year.

Meanwhile, the company posted 9.5 billion yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 38.6 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 18%.