Shenzhen Silver Basis Technology Co.,Ltd. Posted 144 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Silver Basis Technology Co.,Ltd. (深圳市银宝山新科技股份有限公司) (002786.SZ) reported a net loss of 144 million yuan in the first three quarters of 2023, widening 23.3% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 97.5%.