Beijing Watertek Information Technology Co.,Ltd. Posted 581.2 Million Yuan Net Loss in 2022

Beijing Watertek Information Technology Co.,Ltd. (北京旋极信息技术股份有限公司) (300324.SZ) reported a net loss of 581.2 million yuan in 2022, widening 429.3% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 22.7% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 40%.