Hangzhou Lianluo Interactive Information Technology Co.,Ltd. Posted 871.2 Million Yuan Net Loss in First Three Quarters of 2023

Hangzhou Lianluo Interactive Information Technology Co.,Ltd. (杭州联络互动信息科技股份有限公司) (002280.SZ) reported a net loss of 871.2 million yuan in the first three quarters of 2023, widening 14.4% year-on-year.

Meanwhile, the company posted 7.9 billion yuan in revenue, down 11.9% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 7.5 billion yuan in total liabilities, with a liability-to-asset ratio of 93.1%.