Transwarp Technology(Shanghai) Co.,Ltd. Posted 269.4 Million Yuan Net Loss in First Three Quarters of 2023

Transwarp Technology(Shanghai) Co.,Ltd. (星环信息科技(上海)股份有限公司) (688031.SH) reported a net loss of 269.4 million yuan in the first three quarters of 2023, widening 19.1% year-on-year.

Meanwhile, the company posted 222.8 million yuan in revenue, up 30% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 224.1 million yuan in total liabilities, with a liability-to-asset ratio of 13.3%.