Zhejiang Kanglongda Special Protection Technology Co.,Ltd. Posted 48.8 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Kanglongda Special Protection Technology Co.,Ltd. (浙江康隆达特种防护科技股份有限公司) (603665.SH) reported a net loss of 48.8 million yuan in the first three quarters of 2023, reversing a net profit of 133 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 47.2% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 56.5%.