Gansu Yatai Industrial Developent Co.,Ltd. Posted 85.9 Million Yuan Net Loss in First Three Quarters of 2023

Gansu Yatai Industrial Developent Co.,Ltd. (甘肃亚太实业发展股份有限公司) (000691.SZ) reported a net loss of 85.9 million yuan in the first three quarters of 2023, reversing a net profit of 15.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 275.4 million yuan in revenue, down 31.3% year-on-year.

At the end of the reporting period, it had 647.6 million yuan in total assets and 426.1 million yuan in total liabilities, with a liability-to-asset ratio of 65.8%.