Shenzhen Deren Electronic Co.,Ltd. Posted 22.8 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Deren Electronic Co.,Ltd. (深圳市得润电子股份有限公司) (002055.SZ) reported a net loss of 22.8 million yuan in the first three quarters of 2023, narrowing 72.6% year-on-year.

Meanwhile, the company posted 5 billion yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.6%.