Hangzhou Lianluo Interactive Information Technology Co.,Ltd. Posted 669.9 Million Yuan Net Loss in First Half of 2023

Hangzhou Lianluo Interactive Information Technology Co.,Ltd. (杭州联络互动信息科技股份有限公司) (002280.SZ) reported a net loss of 669.9 million yuan in the first half of 2023, widening 96.1% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 8.2 billion yuan in total liabilities, with a liability-to-asset ratio of 92.1%.