Founder Technology Group Co.,Ltd. Posted 450.5 Million Yuan Net Loss in First Three Quarters of 2021

Founder Technology Group Co.,Ltd. (方正科技集团股份有限公司) (600601.SH) reported a net loss of 450.5 million yuan in the first three quarters of 2021, widening 164.9% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 9 billion yuan in total liabilities, with a liability-to-asset ratio of 97.5%.

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

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