Fujian Ideal Jewellery Industrial Co.,Ltd. Posted 211.7 Million Yuan Net Loss in First Three Quarters of 2023

Fujian Ideal Jewellery Industrial Co.,Ltd. (福建省爱迪尔珠宝实业股份有限公司) (002740.SZ) reported a net loss of 211.7 million yuan in the first three quarters of 2023, widening 14.9% year-on-year.

Meanwhile, the company posted 194.4 million yuan in revenue, down 5.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 151.9%.