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%.

This article was automatically produced by Caixin Automation on Nov. 10, 2023.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.