Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. Posted 247.9 Million Yuan Net Loss in First Three Quarters of 2023

Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. (宁夏中科生物科技股份有限公司) (600165.SH) reported a net loss of 247.9 million yuan in the first three quarters of 2023, widening 732.5% year-on-year.

Meanwhile, the company posted 168.6 million yuan in revenue, down 72.2% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 79.4%.