Navinfo Co.,Ltd. Posted 511 Million Yuan Net Loss in 2022

Navinfo Co.,Ltd. (北京四维图新科技股份有限公司) (002405.SZ) reported a net loss of 511 million yuan in 2022, reversing a net profit of 125.6 million yuan for the previous year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 14 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 15.3%.