Hangzhou Huaxing Chuangye Communication Technology Co.,Ltd. Posted 12.9 Million Yuan Net Loss in First Three Quarters of 2021

Hangzhou Huaxing Chuangye Communication Technology Co.,Ltd. (杭州华星创业通信技术股份有限公司) (300025.SZ) reported a net loss of 12.9 million yuan in the first three quarters of 2021, narrowing 66.4% year-on-year.

Meanwhile, the company posted 485.8 million yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 825.1 million yuan in total assets and 513.8 million yuan in total liabilities, with a liability-to-asset ratio of 62.3%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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