Sinocelltech Group Limited Posted 220.4 Million Yuan Net Loss in First Three Quarters of 2023

Sinocelltech Group Limited (北京神州细胞生物技术集团股份公司) (688520.SH) reported a net loss of 220.4 million yuan in the first three quarters of 2023, narrowing 45.4% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 112.1% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 3.3 billion yuan in total liabilities, with a liability-to-asset ratio of 115.4%.