Feitian Technologies Co.,Ltd. Posted 109.7 Million Yuan Net Loss in First Three Quarters of 2023

Feitian Technologies Co.,Ltd. (飞天诚信科技股份有限公司) (300386.SZ) reported a net loss of 109.7 million yuan in the first three quarters of 2023, widening 133.2% year-on-year.

Meanwhile, the company posted 517.3 million yuan in revenue, down 17.3% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 148.3 million yuan in total liabilities, with a liability-to-asset ratio of 8.4%.