Topsec Technologies Group Inc. Posted 248.5 Million Yuan Net Loss in First Three Quarters of 2023

Topsec Technologies Group Inc. (天融信科技集团股份有限公司) (002212.SZ) reported a net loss of 248.5 million yuan in the first three quarters of 2023, narrowing 40.8% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 14.7%.