Suzhou Jinfu Technology Co.,Ltd. Posted 112.9 Million Yuan Net Loss in First Three Quarters of 2023

Suzhou Jinfu Technology Co.,Ltd. (苏州锦富技术股份有限公司) (300128.SZ) reported a net loss of 112.9 million yuan in the first three quarters of 2023, reversing a net profit of 20.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 14.8% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.2%.