Jonjee Hi-Tech Industrial&Commercial Holding Co.,Ltd. Posted 1.2 Billion Yuan Net Loss in First Three Quarters of 2023

Jonjee Hi-Tech Industrial&Commercial Holding Co.,Ltd. (中炬高新技术实业(集团)股份有限公司) (600872.SH) reported a net loss of 1.2 billion yuan in the first three quarters of 2023, reversing a net profit of 447 million yuan for the same period in the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, down 0.1% year-on-year.

At the end of the reporting period, it had 6.6 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 66.5%.