Taier Heavy Industry Co.,Ltd. Posted 2.1 Million Yuan Net Loss in First Three Quarters of 2023

Taier Heavy Industry Co.,Ltd. (泰尔重工股份有限公司) (002347.SZ) reported a net loss of 2.1 million yuan in the first three quarters of 2023, narrowing 67.2% year-on-year.

Meanwhile, the company posted 805.5 million yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49.8%.