Lootom Telcovideo Network(Wuxi) Co.,Ltd. Posted 12.1 Million Yuan Net Loss in First Half of 2023

Lootom Telcovideo Network(Wuxi) Co.,Ltd. (无锡路通视信网络股份有限公司) (300555.SZ) reported a net loss of 12.1 million yuan in the first half of 2023, widening 5424.7% year-on-year.

Meanwhile, the company posted 90.5 million yuan in revenue, down 22.5% year-on-year.

At the end of the reporting period, it had 714.5 million yuan in total assets and 106.5 million yuan in total liabilities, with a liability-to-asset ratio of 14.9%.