Shenzhen Minkave Technology Co.,Ltd. Posted 108.2 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Minkave Technology Co.,Ltd. (深圳市名家汇科技股份有限公司) (300506.SZ) reported a net loss of 108.2 million yuan in the first three quarters of 2023, widening 101.2% year-on-year.

Meanwhile, the company posted 68.1 million yuan in revenue, down 57.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 854 million yuan in total liabilities, with a liability-to-asset ratio of 67.4%.