Lootom Telcovideo Network(Wuxi) Co.,Ltd. Posted 21.7 Million Yuan Net Loss in First Three Quarters of 2023

Lootom Telcovideo Network(Wuxi) Co.,Ltd. (无锡路通视信网络股份有限公司) (300555.SZ) reported a net loss of 21.7 million yuan in the first three quarters of 2023, widening 50.7% year-on-year.

Meanwhile, the company posted 132.2 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 707.1 million yuan in total assets and 107.6 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.