Beijing Dynamic Power Co.,Ltd. Posted 98.7 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Dynamic Power Co.,Ltd. (北京动力源科技股份有限公司) (600405.SH) reported a net loss of 98.7 million yuan in the first three quarters of 2023, reversing a net profit of 6.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 665.8 million yuan in revenue, down 30.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.