Shenzhen Auto Electric Power Plant Co.,Ltd. Posted 28.8 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Auto Electric Power Plant Co.,Ltd. (深圳奥特迅电力设备股份有限公司) (002227.SZ) reported a net loss of 28.8 million yuan in the first three quarters of 2023, widening 63.7% year-on-year.

Meanwhile, the company posted 228 million yuan in revenue, up 11.7% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 465.5 million yuan in total liabilities, with a liability-to-asset ratio of 30.4%.