Zhejiang Zhongxin Fluoride Materials Co.,Ltd. Posted 30.2 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Zhongxin Fluoride Materials Co.,Ltd. (浙江中欣氟材股份有限公司) (002915.SZ) reported a net loss of 30.2 million yuan in the first three quarters of 2023, reversing a net profit of 124.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 917.5 million yuan in revenue, down 22% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.