Datang Telecom Technology Co.,Ltd. Posted 159.9 Million Yuan Net Loss in First Three Quarters of 2021

Datang Telecom Technology Co.,Ltd. (大唐电信科技股份有限公司) (600198.SH) reported a net loss of 159.9 million yuan in the first three quarters of 2021, narrowing 50.2% year-on-year.

Meanwhile, the company posted 477.3 million yuan in revenue, down 36.4% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 122.9%.

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

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.