Guangxi Radio&Tv Network Corporation Posted 388.4 Million Yuan Net Loss in First Three Quarters of 2023

Guangxi Radio&Tv Network Corporation (广西广播电视信息网络股份有限公司) (600936.SH) reported a net loss of 388.4 million yuan in the first three quarters of 2023, narrowing 4% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 4.7% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 77.6%.