Guangdong Zhongnan Iron&Steel Co.,Ltd. Posted 104.9 Million Yuan Net Loss in First Three Quarters of 2023

Guangdong Zhongnan Iron&Steel Co.,Ltd. (广东中南钢铁股份有限公司) (000717.SZ) reported a net loss of 104.9 million yuan in the first three quarters of 2023, narrowing 84.1% year-on-year.

Meanwhile, the company posted 29.7 billion yuan in revenue, up 8.7% year-on-year.

At the end of the reporting period, it had 21.2 billion yuan in total assets and 12.3 billion yuan in total liabilities, with a liability-to-asset ratio of 57.7%.