Shenzhen Dawei Innovation Technology Company Limited Posted 34.5 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Dawei Innovation Technology Company Limited (深圳市大为创新科技股份有限公司) (002213.SZ) reported a net loss of 34.5 million yuan in the first three quarters of 2023, reversing a net profit of 17.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 521.1 million yuan in revenue, down 18.5% year-on-year.

At the end of the reporting period, it had 737 million yuan in total assets and 90.2 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.