Daqing Huake Co.,Ltd. Posted 13.2 Million Yuan Net Loss in First Three Quarters of 2023

Daqing Huake Co.,Ltd. (大庆华科股份有限公司) (000985.SZ) reported a net loss of 13.2 million yuan in the first three quarters of 2023, reversing a net profit of 22.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 29.4% year-on-year.

At the end of the reporting period, it had 751.1 million yuan in total assets and 168.4 million yuan in total liabilities, with a liability-to-asset ratio of 22.4%.