Insigma Technology Co.,Ltd. Posted 14.6 Million Yuan Net Loss in First Half of 2023

Insigma Technology Co.,Ltd. (浙大网新科技股份有限公司) (600797.SH) reported a net loss of 14.6 million yuan in the first half of 2023, reversing a net profit of 52.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 11.8% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.9%.