Suzhou Keda Technology Co.,Ltd. Posted 326 Million Yuan Net Loss in First Three Quarters of 2023

Suzhou Keda Technology Co.,Ltd. (苏州科达科技股份有限公司) (603660.SH) reported a net loss of 326 million yuan in the first three quarters of 2023, narrowing 24.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 64.9%.