Shenzhen Fluence Technology Plc. Posted 24.5 Million Yuan Net Loss in First Three Quarters of 2021

Shenzhen Fluence Technology Plc. (深圳市超频三科技股份有限公司) (300647.SZ) reported a net loss of 24.5 million yuan in the first three quarters of 2021, reversing a net profit of 1.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 362.1 million yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 810.1 million yuan in total liabilities, with a liability-to-asset ratio of 39%.

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.