Shanghai Welltech Automation Co.,Ltd. Posted 8 Million Yuan Net Loss in First Three Quarters of 2023

Shanghai Welltech Automation Co.,Ltd. (上海威尔泰工业自动化股份有限公司) (002058.SZ) reported a net loss of 8 million yuan in the first three quarters of 2023, widening 26.9% year-on-year.

Meanwhile, the company posted 100.5 million yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 332.6 million yuan in total assets and 142.6 million yuan in total liabilities, with a liability-to-asset ratio of 42.9%.