Shanghai Dragonnet Technology Co.,Ltd. Posted 21.7 Million Yuan Net Loss in First Three Quarters of 2022

Shanghai Dragonnet Technology Co.,Ltd. (上海天玑科技股份有限公司) (300245.SZ) reported a net loss of 21.7 million yuan in the first three quarters of 2022, reversing a net profit of 17.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 259.6 million yuan in revenue, down 8.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 218.6 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.