Navinfo Co.,Ltd. Posted 543.7 Million Yuan Net Loss in First Three Quarters of 2023

Navinfo Co.,Ltd. (北京四维图新科技股份有限公司) (002405.SZ) reported a net loss of 543.7 million yuan in the first three quarters of 2023, widening 491% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 11.6% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 16.1%.