Jiangxi Haiyuan Composites Technology Co.,Ltd. Posted 60.6 Million Yuan Net Loss in First Three Quarters of 2023

Jiangxi Haiyuan Composites Technology Co.,Ltd. (江西海源复合材料科技股份有限公司) (002529.SZ) reported a net loss of 60.6 million yuan in the first three quarters of 2023, narrowing 4.4% year-on-year.

Meanwhile, the company posted 254.5 million yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 752.5 million yuan in total liabilities, with a liability-to-asset ratio of 58.5%.