Dbappsecurity Co.,Ltd. Posted 458.8 Million Yuan Net Loss in First Three Quarters of 2022

Dbappsecurity Co.,Ltd. (杭州安恒信息技术股份有限公司) (688023.SH) reported a net loss of 458.8 million yuan in the first three quarters of 2022, widening 68.1% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 20.1% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.