Shenzhen Intellifusion Technologies Co.,Ltd. Posted 298.7 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Intellifusion Technologies Co.,Ltd. (深圳云天励飞技术股份有限公司) (688343.SH) reported a net loss of 298.7 million yuan in the first three quarters of 2023, narrowing 11.7% year-on-year.

Meanwhile, the company posted 227.3 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 342 million yuan in total liabilities, with a liability-to-asset ratio of 7.2%.