Shenyang Machine Tool Co.,Ltd. Posted 296.7 Million Yuan Net Loss in First Three Quarters of 2021

Shenyang Machine Tool Co.,Ltd. (沈阳机床股份有限公司) (000410.SZ) reported a net loss of 296.7 million yuan in the first three quarters of 2021, narrowing 45.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 26.2% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 99%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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