Shaanxi Aerospace Power Hi-Tech Co.,Ltd. Posted 56.7 Million Yuan Net Loss in First Three Quarters of 2023

Shaanxi Aerospace Power Hi-Tech Co.,Ltd. (陕西航天动力高科技股份有限公司) (600343.SH) reported a net loss of 56.7 million yuan in the first three quarters of 2023, widening 437.8% year-on-year.

Meanwhile, the company posted 544.4 million yuan in revenue, down 38.3% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.9%.