Joulwatt Technology Co.,Ltd. Posted 365.7 Million Yuan Net Loss in First Three Quarters of 2023

Joulwatt Technology Co.,Ltd. (杰华特微电子股份有限公司) (688141.SH) reported a net loss of 365.7 million yuan in the first three quarters of 2023, reversing a net profit of 108.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 31.8%.