Cashway Fintech Co.,Ltd. Posted 63 Million Yuan Net Loss in First Three Quarters of 2023

Cashway Fintech Co.,Ltd. (恒银金融科技股份有限公司) (603106.SH) reported a net loss of 63 million yuan in the first three quarters of 2023, narrowing 20.7% year-on-year.

Meanwhile, the company posted 301.3 million yuan in revenue, down 23.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 515.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.8%.