Hylink Digital Solution Co.,Ltd. Posted 662 Million Yuan Net Loss in 2022

Hylink Digital Solution Co.,Ltd. (华扬联众数字技术股份有限公司) (603825.SH) reported a net loss of 662 million yuan in 2022, reversing a net profit of 219.3 million yuan for the previous year.

Meanwhile, the company posted 8.5 billion yuan in revenue, down 35.6% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 75.4%.