Navinfo Co.,Ltd. Posted 319.1 Million Yuan Net Loss in First Half of 2023

Navinfo Co.,Ltd. (北京四维图新科技股份有限公司) (002405.SZ) reported a net loss of 319.1 million yuan in the first half of 2023, widening 376.6% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 14.7%.