Lianchuang Electronic Technology Co.,Ltd. Posted 360.5 Million Yuan Net Loss in First Three Quarters of 2023

Lianchuang Electronic Technology Co.,Ltd. (联创电子科技股份有限公司) (002036.SZ) reported a net loss of 360.5 million yuan in the first three quarters of 2023, reversing a net profit of 219.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 16.7 billion yuan in total assets and 12.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.5%.