China Hainan Rubber Industry Group Co.,Ltd. Posted 623.2 Million Yuan Net Loss in First Three Quarters of 2023

China Hainan Rubber Industry Group Co.,Ltd. (海南天然橡胶产业集团股份有限公司) (601118.SH) reported a net loss of 623.2 million yuan in the first three quarters of 2023, widening 346.2% year-on-year.

Meanwhile, the company posted 24.8 billion yuan in revenue, up 137.7% year-on-year.

At the end of the reporting period, it had 33.1 billion yuan in total assets and 22.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.9%.