Brilliance Technology Co.,Ltd. Posted 18.7 Million Yuan Net Loss in First Three Quarters of 2023

Brilliance Technology Co.,Ltd. (新晨科技股份有限公司) (300542.SZ) reported a net loss of 18.7 million yuan in the first three quarters of 2023, reversing a net profit of 10.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 849.4 million yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 872.3 million yuan in total liabilities, with a liability-to-asset ratio of 59.2%.