China Zhonghua Geotechnical Engineering Group Co.,Ltd. Posted 303.8 Million Yuan Net Loss in First Three Quarters of 2023

China Zhonghua Geotechnical Engineering Group Co.,Ltd. (中化岩土集团股份有限公司) (002542.SZ) reported a net loss of 303.8 million yuan in the first three quarters of 2023, widening 71.5% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 25.5% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.