Guangdong Saca Precision Manufacturing Co.,Ltd. Posted 47.4 Million Yuan Net Loss in First Three Quarters of 2023

Guangdong Saca Precision Manufacturing Co.,Ltd. (广东星徽精密制造股份有限公司) (300464.SZ) reported a net loss of 47.4 million yuan in the first three quarters of 2023, widening 52.6% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.1%.