Jiangxi Tianli Technology,Inc. Posted 6.2 Million Yuan Net Loss in First Three Quarters of 2023

Jiangxi Tianli Technology,Inc. (江西天利科技股份有限公司) (300399.SZ) reported a net loss of 6.2 million yuan in the first three quarters of 2023, reversing a net profit of 3.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 348.8 million yuan in revenue, down 3.2% year-on-year.

At the end of the reporting period, it had 535.1 million yuan in total assets and 47.1 million yuan in total liabilities, with a liability-to-asset ratio of 8.8%.