Bbmg Corporation Posted 418.9 Million Yuan Net Loss in First Three Quarters of 2023

Bbmg Corporation (北京金隅集团股份有限公司) (601992.SH) reported a net loss of 418.9 million yuan in the first three quarters of 2023, reversing a net profit of 3.1 billion yuan for the same period in the previous year.

Meanwhile, the company posted 72.6 billion yuan in revenue, down 8.8% year-on-year.

At the end of the reporting period, it had 282.6 billion yuan in total assets and 188.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.6%.