Shanxi Huayang New Material Co.,Ltd. Posted 124.7 Million Yuan Net Loss in First Three Quarters of 2023

Shanxi Huayang New Material Co.,Ltd. (山西华阳新材料股份有限公司) (600281.SH) reported a net loss of 124.7 million yuan in the first three quarters of 2023, widening 5213% year-on-year.

Meanwhile, the company posted 246.8 million yuan in revenue, down 22.4% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 736 million yuan in total liabilities, with a liability-to-asset ratio of 69.7%.