Beijing Certificate Authority Co.,Ltd. Posted 20 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Certificate Authority Co.,Ltd. (北京数字认证股份有限公司) (300579.SZ) reported a net loss of 20 million yuan in the first three quarters of 2023, reversing a net profit of 22.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 590.6 million yuan in revenue, up 3.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 554.3 million yuan in total liabilities, with a liability-to-asset ratio of 37.2%.