Beijing Aerospace Changfeng Co.,Ltd. Posted 79.3 Million Yuan Net Loss in First Three Quarters of 2023

Beijing Aerospace Changfeng Co.,Ltd. (北京航天长峰股份有限公司) (600855.SH) reported a net loss of 79.3 million yuan in the first three quarters of 2023, widening 187% year-on-year.

Meanwhile, the company posted 859.5 million yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.2%.