Shenzhen Wongtee International Enterprise Co.,Ltd. Posted 523.3 Million Yuan Net Loss in First Three Quarters of 2023

Shenzhen Wongtee International Enterprise Co.,Ltd. (深圳市皇庭国际企业股份有限公司) (000056.SZ) reported a net loss of 523.3 million yuan in the first three quarters of 2023, widening 30.7% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 102.7% year-on-year.

At the end of the reporting period, it had 9.4 billion yuan in total assets and 7.8 billion yuan in total liabilities, with a liability-to-asset ratio of 83.1%.