Bomesc Offshore Engineering Company Limited Posted 86.1 Million Yuan Net Loss in First Three Quarters of 2023

Bomesc Offshore Engineering Company Limited (博迈科海洋工程股份有限公司) (603727.SH) reported a net loss of 86.1 million yuan in the first three quarters of 2023, reversing a net profit of 64.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 41.9% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32.7%.