Shenzhen Bauing Construction Holding Group Co.,Ltd. Posted 282.3 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Bauing Construction Holding Group Co.,Ltd. (深圳市宝鹰建设控股集团股份有限公司) (002047.SZ) reported a net loss of 282.3 million yuan in the first three quarters of 2023, widening 121.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 12.8% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 91.3%.