Jiangsu Hagong Intelligent Robot Co.,Ltd. Posted 23 Million Yuan Net Loss in First Three Quarters of 2023

Jiangsu Hagong Intelligent Robot Co.,Ltd. (江苏哈工智能机器人股份有限公司) (000584.SZ) reported a net loss of 23 million yuan in the first three quarters of 2023, narrowing 95.7% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 43.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 75.2%.