Shanghai Dragonnet Technology Co.,Ltd. Posted 43 Million Yuan Net Loss in First Three Quarters of 2023

Shanghai Dragonnet Technology Co.,Ltd. (上海天玑科技股份有限公司) (300245.SZ) reported a net loss of 43 million yuan in the first three quarters of 2023, widening 97.8% year-on-year.

Meanwhile, the company posted 223.8 million yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 165.7 million yuan in total liabilities, with a liability-to-asset ratio of 10.5%.