Shenzhen Kiwi Instruments Co.,Ltd. Posted 26.2 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Kiwi Instruments Co.,Ltd. (深圳市必易微电子股份有限公司) (688045.SH) reported a net loss of 26.2 million yuan in the first three quarters of 2023, reversing a net profit of 29.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 422.6 million yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 127.5 million yuan in total liabilities, with a liability-to-asset ratio of 8.6%.