Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. Posted 259,164 Yuan Net Loss in First Half of 2023

Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. (宁波GQY视讯股份有限公司) (300076.SZ) reported a net loss of 259,164 yuan in the first half of 2023, narrowing 94.1% year-on-year.

Meanwhile, the company posted 76.7 million yuan in revenue, up 41% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 95.8 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.