Caixin
Oct 31, 2021 08:00 AM

Hytera Communications Corporation Limited Posted 110.7 Million Yuan Net Loss in First Three Quarters of 2021

Hytera Communications Corporation Limited (海能达通信股份有限公司) (002583.SZ) reported a net loss of 110.7 million yuan in the first three quarters of 2021, reversing a net profit of 209.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 18.3% year-on-year.

At the end of the reporting period, it had 13.6 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 54.7%.

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

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