Changzhou Tiansheng New Materials Group Co.,Ltd. Posted 35.4 Million Yuan Net Loss in First Three Quarters of 2023

Changzhou Tiansheng New Materials Group Co.,Ltd. (常州天晟新材料集团股份有限公司) (300169.SZ) reported a net loss of 35.4 million yuan in the first three quarters of 2023, narrowing 3.9% year-on-year.

Meanwhile, the company posted 389.1 million yuan in revenue, down 11% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 82%.