Beijing Haitian Ruisheng Science Technology Ltd. Posted 32.1 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Haitian Ruisheng Science Technology Ltd. (北京海天瑞声科技股份有限公司) (688787.SH) reported a net loss of 32.1 million yuan in the first three quarters of 2023, reversing a net profit of 18.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 103.2 million yuan in revenue, down 38.3% year-on-year.

At the end of the reporting period, it had 810.7 million yuan in total assets and 26.6 million yuan in total liabilities, with a liability-to-asset ratio of 3.3%.