Shenzhen Silver Basis Technology Co.,Ltd. Posted 116.8 Million Yuan Net Loss in First Three Quarters of 2022

Shenzhen Silver Basis Technology Co.,Ltd. (深圳市银宝山新科技股份有限公司) (002786.SZ) reported a net loss of 116.8 million yuan in the first three quarters of 2022, narrowing 56.3% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 90.1%.