Changzhou Nrb Corporation Posted 79.7 Million Yuan Net Loss in First Three Quarters of 2023

Changzhou Nrb Corporation (常州光洋轴承股份有限公司) (002708.SZ) reported a net loss of 79.7 million yuan in the first three quarters of 2023, narrowing 46.7% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.9%.