Lootom Telcovideo Network(Wuxi) Co.,Ltd. Posted 18 Million Yuan Net Loss in 2022

Lootom Telcovideo Network(Wuxi) Co.,Ltd. (无锡路通视信网络股份有限公司) (300555.SZ) reported a net loss of 18 million yuan in 2022, widening 20.3% year-on-year.

Meanwhile, the company posted 213.5 million yuan in revenue, up 11.1% year-on-year.

At the end of the reporting period, it had 792.9 million yuan in total assets and 175 million yuan in total liabilities, with a liability-to-asset ratio of 22.1%.