Hangzhou Lianluo Interactive Information Technology Co.,Ltd. Posted 1.2 Billion Yuan Net Loss in 2022

Hangzhou Lianluo Interactive Information Technology Co.,Ltd. (杭州联络互动信息科技股份有限公司) (002280.SZ) reported a net loss of 1.2 billion yuan in 2022, widening 280.1% year-on-year.

Meanwhile, the company posted 12.6 billion yuan in revenue, down 24.1% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 8.1 billion yuan in total liabilities, with a liability-to-asset ratio of 86.8%.