Guangdng Sitong Group Co.,Ltd. Posted 4.3 Million Yuan Net Loss in First Three Quarters of 2022

Guangdng Sitong Group Co.,Ltd. (广东四通集团股份有限公司) (603838.SH) reported a net loss of 4.3 million yuan in the first three quarters of 2022, reversing a net profit of 45 million yuan for the same period in the previous year.

Meanwhile, the company posted 188.5 million yuan in revenue, down 39.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 75.2 million yuan in total liabilities, with a liability-to-asset ratio of 6.6%.