Tanac Automation Co.,Ltd. Posted 3.8 Million Yuan Net Loss in First Three Quarters of 2023

Tanac Automation Co.,Ltd. (浙江田中精机股份有限公司) (300461.SZ) reported a net loss of 3.8 million yuan in the first three quarters of 2023, narrowing 89.9% year-on-year.

Meanwhile, the company posted 193 million yuan in revenue, up 37.2% year-on-year.

At the end of the reporting period, it had 878.6 million yuan in total assets and 216.1 million yuan in total liabilities, with a liability-to-asset ratio of 24.6%.