Hua Yuan Property Co.,Ltd. Posted 901.6 Million Yuan Net Loss in First Three Quarters of 2023

Hua Yuan Property Co.,Ltd. (华远地产股份有限公司) (600743.SH) reported a net loss of 901.6 million yuan in the first three quarters of 2023, widening 46.4% year-on-year.

Meanwhile, the company posted 6.3 billion yuan in revenue, up 17.6% year-on-year.

At the end of the reporting period, it had 39.5 billion yuan in total assets and 34.8 billion yuan in total liabilities, with a liability-to-asset ratio of 88%.