Zhejiang Furun Digital Technology Co.,Ltd. Posted 172.4 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Furun Digital Technology Co.,Ltd. (浙江富润数字科技股份有限公司) (600070.SH) reported a net loss of 172.4 million yuan in the first three quarters of 2023, narrowing 57% year-on-year.

Meanwhile, the company posted 95.5 million yuan in revenue, down 28.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 429 million yuan in total liabilities, with a liability-to-asset ratio of 29.1%.