Trust Alliance Information Development Inc.,Ltd.Shanghai Posted 181.6 Million Yuan Net Loss in 2022

Trust Alliance Information Development Inc.,Ltd.Shanghai (上海信联信息发展股份有限公司) (300469.SZ) reported a net loss of 181.6 million yuan in 2022, widening 143.1% year-on-year.

Meanwhile, the company posted 263.5 million yuan in revenue, down 37.5% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 686.6 million yuan in total liabilities, with a liability-to-asset ratio of 71.9%.