Bengang Steel Plates Co.,Ltd. Posted 240.3 Million Yuan Net Loss in First Three Quarters of 2022

Bengang Steel Plates Co.,Ltd. (本钢板材股份有限公司) (000761.SZ) reported a net loss of 240.3 million yuan in the first three quarters of 2022, reversing a net profit of 3.8 billion yuan for the same period in the previous year.

Meanwhile, the company posted 47.8 billion yuan in revenue, down 22.1% year-on-year.

At the end of the reporting period, it had 45.3 billion yuan in total assets and 24.9 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.