Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. Posted 29.8 Million Yuan Net Loss in First Three Quarters of 2022

Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. (宁夏中科生物科技股份有限公司) (600165.SH) reported a net loss of 29.8 million yuan in the first three quarters of 2022, narrowing 75.1% year-on-year.

Meanwhile, the company posted 606.1 million yuan in revenue, up 215% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.