Beijing Watertek Information Technology Co.,Ltd. Posted 128 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Watertek Information Technology Co.,Ltd. (北京旋极信息技术股份有限公司) (300324.SZ) reported a net loss of 128 million yuan in the first three quarters of 2023, narrowing 6.9% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 44.7%.