Jiang Su Hua Sheng Tian Long Photoelectric Equipment Co.,Ltd. Posted 7.8 Million Yuan Net Loss in First Three Quarters of 2023

Jiang Su Hua Sheng Tian Long Photoelectric Equipment Co.,Ltd. (江苏华盛天龙光电设备股份有限公司) (300029.SZ) reported a net loss of 7.8 million yuan in the first three quarters of 2023, reversing a net profit of 35.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 216.7 million yuan in revenue, up 62.8% year-on-year.

At the end of the reporting period, it had 329.5 million yuan in total assets and 307.4 million yuan in total liabilities, with a liability-to-asset ratio of 93.3%.