Jiangsu Riying Electronics Co.,Ltd. Posted 167,239 Yuan Net Loss in First Three Quarters of 2022

Jiangsu Riying Electronics Co.,Ltd. (江苏日盈电子股份有限公司) (603286.SH) reported a net loss of 167,239 yuan in the first three quarters of 2022, reversing a net profit of 19.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 529 million yuan in revenue, up 26.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 594.7 million yuan in total liabilities, with a liability-to-asset ratio of 54.7%.