Beijing Watertek Information Technology Co.,Ltd. Posted 81.8 Million Yuan Net Loss in First Half of 2023

Beijing Watertek Information Technology Co.,Ltd. (北京旋极信息技术股份有限公司) (300324.SZ) reported a net loss of 81.8 million yuan in the first half of 2023, narrowing 14.3% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 25.9% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.6%.