China Shipbuilding Industry Company Limited Posted 119.7 Million Yuan Net Loss in First Three Quarters of 2023

China Shipbuilding Industry Company Limited (中国船舶重工股份有限公司) (601989.SH) reported a net loss of 119.7 million yuan in the first three quarters of 2023, narrowing 90.9% year-on-year.

Meanwhile, the company posted 30.3 billion yuan in revenue, up 16.7% year-on-year.

At the end of the reporting period, it had 201 billion yuan in total assets and 116.9 billion yuan in total liabilities, with a liability-to-asset ratio of 58.2%.