Hengli Industrial Development Group Co.,Ltd. Posted 5.5 Million Yuan Net Loss in First Three Quarters of 2023

Hengli Industrial Development Group Co.,Ltd. (恒立实业发展集团股份有限公司) (000622.SZ) reported a net loss of 5.5 million yuan in the first three quarters of 2023, narrowing 50.6% year-on-year.

Meanwhile, the company posted 110.4 million yuan in revenue, down 18.6% year-on-year.

At the end of the reporting period, it had 358.3 million yuan in total assets and 162.4 million yuan in total liabilities, with a liability-to-asset ratio of 45.3%.