Avit Ltd. Posted 28.9 Million Yuan Net Loss in First Half of 2023

Avit Ltd. (深圳市佳创视讯技术股份有限公司) (300264.SZ) reported a net loss of 28.9 million yuan in the first half of 2023, widening 16.8% year-on-year.

Meanwhile, the company posted 53.4 million yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 355.9 million yuan in total assets and 221.2 million yuan in total liabilities, with a liability-to-asset ratio of 62.2%.