Hainan Yedao(Group) Co.,Ltd. Posted 71 Million Yuan Net Loss in First Three Quarters of 2023

Hainan Yedao(Group) Co.,Ltd. (海南椰岛(集团)股份有限公司) (600238.SH) reported a net loss of 71 million yuan in the first three quarters of 2023, widening 661.9% year-on-year.

Meanwhile, the company posted 163.1 million yuan in revenue, down 52.4% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 819.6 million yuan in total liabilities, with a liability-to-asset ratio of 70.6%.