Apr 29, 2023 08:00 AM

Bright Oceans Inter-Telecom Corporation Posted 350.5 Million Yuan Net Loss in 2022

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Bright Oceans Inter-Telecom Corporation (亿阳信通股份有限公司) (600289.SH) reported a net loss of 350.5 million yuan in 2022, widening 74.3% year-on-year.

Meanwhile, the company posted 261.3 million yuan in revenue, down 33.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 741.6 million yuan in total liabilities, with a liability-to-asset ratio of 34.7%.

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