Orient Group Incorporation Posted 154.6 Million Yuan Net Loss in First Three Quarters of 2023

Orient Group Incorporation (东方集团股份有限公司) (600811.SH) reported a net loss of 154.6 million yuan in the first three quarters of 2023, narrowing 29.5% year-on-year.

Meanwhile, the company posted 6.4 billion yuan in revenue, down 37.5% year-on-year.

At the end of the reporting period, it had 39.7 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.6%.