Fujian Superpipe Co.,Ltd. Posted 62.2 Million Yuan Net Loss in First Three Quarters of 2023

Fujian Superpipe Co.,Ltd. (福建纳川管材科技股份有限公司) (300198.SZ) reported a net loss of 62.2 million yuan in the first three quarters of 2023, narrowing 55.2% year-on-year.

Meanwhile, the company posted 298.4 million yuan in revenue, down 21.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.