Shanghai Fudan Forward S&T Co.,Ltd. Posted 10.2 Million Yuan Net Loss in First Three Quarters of 2023

Shanghai Fudan Forward S&T Co.,Ltd. (上海复旦复华科技股份有限公司) (600624.SH) reported a net loss of 10.2 million yuan in the first three quarters of 2023, reversing a net profit of 6.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 517.5 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 891.9 million yuan in total liabilities, with a liability-to-asset ratio of 49.7%.