Shanxi Guoxin Energy Corporation Limited Posted 101.9 Million Yuan Net Loss in First Three Quarters of 2023

Shanxi Guoxin Energy Corporation Limited (山西省国新能源股份有限公司) (600617.SH) reported a net loss of 101.9 million yuan in the first three quarters of 2023, narrowing 21.4% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 29.3 billion yuan in total assets and 25.3 billion yuan in total liabilities, with a liability-to-asset ratio of 86.5%.