Huida Sanitary Ware Co.,Ltd. Posted 26.6 Million Yuan Net Loss in First Three Quarters of 2023

Huida Sanitary Ware Co.,Ltd. (惠达卫浴股份有限公司) (603385.SH) reported a net loss of 26.6 million yuan in the first three quarters of 2023, reversing a net profit of 91 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.6 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 31.2%.