Lanzhou Greatwall Electrical Co.,Ltd. Posted 58.5 Million Yuan Net Loss in First Three Quarters of 2023

Lanzhou Greatwall Electrical Co.,Ltd. (兰州长城电工股份有限公司) (600192.SH) reported a net loss of 58.5 million yuan in the first three quarters of 2023, widening 77.6% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 3% year-on-year.

At the end of the reporting period, it had 5 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.