Qingdao Doublestar Co.,Ltd. Posted 217 Million Yuan Net Loss in First Three Quarters of 2023

Qingdao Doublestar Co.,Ltd. (青岛双星股份有限公司) (000599.SZ) reported a net loss of 217 million yuan in the first three quarters of 2023, narrowing 55.8% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 78.5%.