Suzhou Victory Precision Manufacture Co.,Ltd. Posted 147.5 Million Yuan Net Loss in First Three Quarters of 2023

Suzhou Victory Precision Manufacture Co.,Ltd. (苏州胜利精密制造科技股份有限公司) (002426.SZ) reported a net loss of 147.5 million yuan in the first three quarters of 2023, reversing a net profit of 47.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 23.4% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 48.5%.