Poten Environment Group Co.,Ltd. Posted 255.6 Million Yuan Net Loss in First Three Quarters of 2022

Poten Environment Group Co.,Ltd. (博天环境集团股份有限公司) (603603.SH) reported a net loss of 255.6 million yuan in the first three quarters of 2022, widening 32.4% year-on-year.

Meanwhile, the company posted 588.5 million yuan in revenue, down 53.8% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 9.9 billion yuan in total liabilities, with a liability-to-asset ratio of 107%.