Datang Telecom Technology Co.,Ltd. Posted 1.7 Million Yuan Net Loss in First Three Quarters of 2022

Datang Telecom Technology Co.,Ltd. (大唐电信科技股份有限公司) (600198.SH) reported a net loss of 1.7 million yuan in the first three quarters of 2022, narrowing 98.8% year-on-year.

Meanwhile, the company posted 628.3 million yuan in revenue, down 18.4% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 49%.