Hanghai Belling Co.,Ltd. Posted 130.6 Million Yuan Net Loss in First Three Quarters of 2023

Hanghai Belling Co.,Ltd. (上海贝岭股份有限公司) (600171.SH) reported a net loss of 130.6 million yuan in the first three quarters of 2023, reversing a net profit of 372.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 734.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.5%.