Fujian Start Group Co.,Ltd. Posted 87.9 Million Yuan Net Loss in First Three Quarters of 2022

Fujian Start Group Co.,Ltd. (福建实达集团股份有限公司) (600734.SH) reported a net loss of 87.9 million yuan in the first three quarters of 2022, narrowing 62.7% year-on-year.

Meanwhile, the company posted 183.1 million yuan in revenue, down 72.9% year-on-year.

At the end of the reporting period, it had 906.3 million yuan in total assets and 541.5 million yuan in total liabilities, with a liability-to-asset ratio of 59.8%.