Wuhan Citms Technology Co.,Ltd. Posted 19.2 Million Yuan Net Loss in First Three Quarters of 2023

Wuhan Citms Technology Co.,Ltd. (武汉中科通达高新技术股份有限公司) (688038.SH) reported a net loss of 19.2 million yuan in the first three quarters of 2023, reversing a net profit of 4.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 159 million yuan in revenue, down 26.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 616.7 million yuan in total liabilities, with a liability-to-asset ratio of 46.8%.