Jiangxi Firstar Panel Technology Co.,Ltd. Posted 236 Million Yuan Net Loss in First Three Quarters of 2023

Jiangxi Firstar Panel Technology Co.,Ltd. (江西星星科技股份有限公司) (300256.SZ) reported a net loss of 236 million yuan in the first three quarters of 2023, reversing a net profit of 873.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 696 million yuan in revenue, up 46% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 791.3 million yuan in total liabilities, with a liability-to-asset ratio of 31.5%.