Guotai Epoint Sofware Co.,Ltd. Posted 88.9 Million Yuan Net Loss in First Three Quarters of 2023

Guotai Epoint Sofware Co.,Ltd. (国泰新点软件股份有限公司) (688232.SH) reported a net loss of 88.9 million yuan in the first three quarters of 2023, reversing a net profit of 179.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 17.5%.