Datang Telecom Technology Co.,Ltd. Posted 118.6 Million Yuan Net Loss in First Three Quarters of 2023

Datang Telecom Technology Co.,Ltd. (大唐电信科技股份有限公司) (600198.SH) reported a net loss of 118.6 million yuan in the first three quarters of 2023, widening 7034.8% year-on-year.

Meanwhile, the company posted 566.4 million yuan in revenue, down 9.8% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.