Qi An Xin Technology Group Inc. Posted 1.2 Billion Yuan Net Loss in First Three Quarters of 2023

Qi An Xin Technology Group Inc. (奇安信科技集团股份有限公司) (688561.SH) reported a net loss of 1.2 billion yuan in the first three quarters of 2023, widening 8.9% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 14.3 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 37.1%.