Beijing Topnew Info&Tech Co.,Ltd. Posted 68.5 Million Yuan Net Loss in 2022

Beijing Topnew Info&Tech Co.,Ltd. (北京铜牛信息科技股份有限公司) (300895.SZ) reported a net loss of 68.5 million yuan in 2022, reversing a net profit of 46 million yuan for the previous year.

Meanwhile, the company posted 441.3 million yuan in revenue, up 47.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 150.3 million yuan in total liabilities, with a liability-to-asset ratio of 11.8%.