Transwarp Technology(Shanghai) Co.,Ltd. Posted 272.3 Million Yuan Net Loss in 2022

Transwarp Technology(Shanghai) Co.,Ltd. (星环信息科技(上海)股份有限公司) (688031.SH) reported a net loss of 272.3 million yuan in 2022, widening 10.5% year-on-year.

Meanwhile, the company posted 372.6 million yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 238.6 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.