Shenzhen Minkave Technology Co.,Ltd. Posted 53.8 Million Yuan Net Loss in First Three Quarters of 2022

Shenzhen Minkave Technology Co.,Ltd. (深圳市名家汇科技股份有限公司) (300506.SZ) reported a net loss of 53.8 million yuan in the first three quarters of 2022, narrowing 39.1% year-on-year.

Meanwhile, the company posted 159.4 million yuan in revenue, down 66.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 50.1%.