Shenzhen Universe(Group) Co.,Ltd. Posted 77.9 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Universe(Group) Co.,Ltd. (深圳市天地(集团)股份有限公司) (000023.SZ) reported a net loss of 77.9 million yuan in the first three quarters of 2023, narrowing 21.9% year-on-year.

Meanwhile, the company posted 137.1 million yuan in revenue, down 53.1% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 86.9%.