Xinjiang Sailing Information Technology Co.,Ltd. Posted 60.9 Million Yuan Net Loss in 2022

Xinjiang Sailing Information Technology Co.,Ltd. (新疆熙菱信息技术股份有限公司) (300588.SZ) reported a net loss of 60.9 million yuan in 2022, narrowing 28.8% year-on-year.

Meanwhile, the company posted 178.8 million yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 879.1 million yuan in total assets and 459 million yuan in total liabilities, with a liability-to-asset ratio of 52.2%.