Hainan Haiyao Co.,Ltd. Posted 39.4 Million Yuan Net Loss in First Three Quarters of 2023

Hainan Haiyao Co.,Ltd. (海南海药股份有限公司) (000566.SZ) reported a net loss of 39.4 million yuan in the first three quarters of 2023, narrowing 20.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 15% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 68.6%.