Founder Technology Group Co.,Ltd. Posted 440 Million Yuan Net Loss in First Three Quarters of 2022

Founder Technology Group Co.,Ltd. (方正科技集团股份有限公司) (600601.SH) reported a net loss of 440 million yuan in the first three quarters of 2022, narrowing 4.4% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 3.4% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 8.8 billion yuan in total liabilities, with a liability-to-asset ratio of 114.8%.