Nationz Technologies Co.,Ltd. Posted 365.9 Million Yuan Net Loss in First Three Quarters of 2023

Nationz Technologies Co.,Ltd. (国民技术股份有限公司) (300077.SZ) reported a net loss of 365.9 million yuan in the first three quarters of 2023, reversing a net profit of 16.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 760.1 million yuan in revenue, down 18.7% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 62.3%.