Hylink Digital Solution Co.,Ltd. Posted 123.8 Million Yuan Net Loss in First Three Quarters of 2023

Hylink Digital Solution Co.,Ltd. (华扬联众数字技术股份有限公司) (603825.SH) reported a net loss of 123.8 million yuan in the first three quarters of 2023, reversing a net profit of 52.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 26.6% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.