Sangfor Technologies Inc. Posted 696.7 Million Yuan Net Loss in First Three Quarters of 2022

Sangfor Technologies Inc. (深信服科技股份有限公司) (300454.SZ) reported a net loss of 696.7 million yuan in the first three quarters of 2022, widening 425.8% year-on-year.

Meanwhile, the company posted 4.7 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 10.6 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 36.8%.