Transwarp Technology(Shanghai) Co.,Ltd. Posted 189.9 Million Yuan Net Loss in First Half of 2023

Transwarp Technology(Shanghai) Co.,Ltd. (星环信息科技(上海)股份有限公司) (688031.SH) reported a net loss of 189.9 million yuan in the first half of 2023, widening 14.6% year-on-year.

Meanwhile, the company posted 138 million yuan in revenue, up 41.4% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 209.2 million yuan in total liabilities, with a liability-to-asset ratio of 12%.