Beijing Vastdata Technology Co.,Ltd. Posted 87.9 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Vastdata Technology Co.,Ltd. (北京海量数据技术股份有限公司) (603138.SH) reported a net loss of 87.9 million yuan in the first three quarters of 2023, widening 33.6% year-on-year.

Meanwhile, the company posted 163.5 million yuan in revenue, down 18.3% year-on-year.

At the end of the reporting period, it had 906.1 million yuan in total assets and 108.3 million yuan in total liabilities, with a liability-to-asset ratio of 12%.