Jiangxi Zhengbang Technology Co.,Ltd. Posted 2.9 Billion Yuan Net Loss in First Three Quarters of 2023

Jiangxi Zhengbang Technology Co.,Ltd. (江西正邦科技股份有限公司) (002157.SZ) reported a net loss of 2.9 billion yuan in the first three quarters of 2023, narrowing 64.9% year-on-year.

Meanwhile, the company posted 5.8 billion yuan in revenue, down 56.7% year-on-year.

At the end of the reporting period, it had 20.9 billion yuan in total assets and 34 billion yuan in total liabilities, with a liability-to-asset ratio of 162.6%.