Jiangsu Lanfeng Bio-Chemical Co.,Ltd. Posted 136 Million Yuan Net Loss in First Three Quarters of 2023

Jiangsu Lanfeng Bio-Chemical Co.,Ltd. (江苏蓝丰生物化工股份有限公司) (002513.SZ) reported a net loss of 136 million yuan in the first three quarters of 2023, widening 1024.2% year-on-year.

Meanwhile, the company posted 763 million yuan in revenue, down 30.1% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 84.7%.