Thinker Agricultural Machinery Co.,Ltd. Posted 44.8 Million Yuan Net Loss in First Three Quarters of 2022

Thinker Agricultural Machinery Co.,Ltd. (星光农机股份有限公司) (603789.SH) reported a net loss of 44.8 million yuan in the first three quarters of 2022, narrowing 34.5% year-on-year.

Meanwhile, the company posted 255.3 million yuan in revenue, down 35.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 639 million yuan in total liabilities, with a liability-to-asset ratio of 50.4%.