Hubei Radio&Television Information Network Co.,Ltd. Posted 354.4 Million Yuan Net Loss in First Three Quarters of 2023

Hubei Radio&Television Information Network Co.,Ltd. (湖北省广播电视信息网络股份有限公司) (000665.SZ) reported a net loss of 354.4 million yuan in the first three quarters of 2023, narrowing 3.3% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.