Shanghai Tianyong Engineering Co.,Ltd. Posted 327,375 Yuan Net Loss in First Three Quarters of 2023

Shanghai Tianyong Engineering Co.,Ltd. (上海天永智能装备股份有限公司) (603895.SH) reported a net loss of 327,375 yuan in the first three quarters of 2023, narrowing 91.1% year-on-year.

Meanwhile, the company posted 514.2 million yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.