Shanxi Antai Group Co.,Ltd. Posted 63.9 Million Yuan Net Loss in First Three Quarters of 2022

Shanxi Antai Group Co.,Ltd. (山西安泰集团股份有限公司) (600408.SH) reported a net loss of 63.9 million yuan in the first three quarters of 2022, reversing a net profit of 453 million yuan for the same period in the previous year.

Meanwhile, the company posted 10.2 billion yuan in revenue, up 7.6% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53%.