Hainan Haiqi Transportation Group Co.,Ltd. Posted 42.3 Million Yuan Net Loss in First Three Quarters of 2023

Hainan Haiqi Transportation Group Co.,Ltd. (海南海汽运输集团股份有限公司) (603069.SH) reported a net loss of 42.3 million yuan in the first three quarters of 2023, narrowing 57.3% year-on-year.

Meanwhile, the company posted 609.3 million yuan in revenue, up 24.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.4%.