Shandong Oriental Ocean Sci-Tech Co.,Ltd. Posted 52.2 Million Yuan Net Loss in First Three Quarters of 2023

Shandong Oriental Ocean Sci-Tech Co.,Ltd. (山东东方海洋科技股份有限公司) (002086.SZ) reported a net loss of 52.2 million yuan in the first three quarters of 2023, widening 250.5% year-on-year.

Meanwhile, the company posted 325.2 million yuan in revenue, down 31.2% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 158.7%.