Jiangsu Boxin Investing&Holdings Co.,Ltd. Posted 17 Million Yuan Net Loss in First Three Quarters of 2023

Jiangsu Boxin Investing&Holdings Co.,Ltd. (江苏博信投资控股股份有限公司) (600083.SH) reported a net loss of 17 million yuan in the first three quarters of 2023, reversing a net profit of 69.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 229.4 million yuan in revenue, down 18% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 798.5 million yuan in total liabilities, with a liability-to-asset ratio of 75.2%.