Beijing North Star Company Limited Posted 27.6 Million Yuan Net Loss in First Three Quarters of 2023

Beijing North Star Company Limited (北京北辰实业股份有限公司) (601588.SH) reported a net loss of 27.6 million yuan in the first three quarters of 2023, narrowing 96.4% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 19.7% year-on-year.

At the end of the reporting period, it had 61.4 billion yuan in total assets and 45.5 billion yuan in total liabilities, with a liability-to-asset ratio of 74.1%.