Shanghai Shenda Co.,Ltd. Posted 298.1 Million Yuan Net Loss in First Three Quarters of 2023

Shanghai Shenda Co.,Ltd. (上海申达股份有限公司) (600626.SH) reported a net loss of 298.1 million yuan in the first three quarters of 2023, widening 40.6% year-on-year.

Meanwhile, the company posted 8.6 billion yuan in revenue, up 4.4% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 66.2%.