Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd. Posted 61.3 Million Yuan Net Loss in First Three Quarters of 2023

Shaanxi Broadcast&Tv Network Intermediary(Group) Co.,Ltd. (陕西广电网络传媒(集团)股份有限公司) (600831.SH) reported a net loss of 61.3 million yuan in the first three quarters of 2023, reversing a net profit of 39.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 16.8% year-on-year.

At the end of the reporting period, it had 12 billion yuan in total assets and 8.3 billion yuan in total liabilities, with a liability-to-asset ratio of 68.9%.