Nanning Department Store Co.,Ltd. Posted 18.3 Million Yuan Net Loss in First Three Quarters of 2023

Nanning Department Store Co.,Ltd. (南宁百货大楼股份有限公司) (600712.SH) reported a net loss of 18.3 million yuan in the first three quarters of 2023, widening 17.1% year-on-year.

Meanwhile, the company posted 509.6 million yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 770.7 million yuan in total liabilities, with a liability-to-asset ratio of 49%.