Ob Telecom Electronics Co.,Ltd. Posted 42.7 Million Yuan Net Loss in First Three Quarters of 2022

Ob Telecom Electronics Co.,Ltd. (杭州中威电子股份有限公司) (300270.SZ) reported a net loss of 42.7 million yuan in the first three quarters of 2022, widening 78.4% year-on-year.

Meanwhile, the company posted 91.9 million yuan in revenue, down 41.8% year-on-year.

At the end of the reporting period, it had 933 million yuan in total assets and 221.7 million yuan in total liabilities, with a liability-to-asset ratio of 23.8%.