Tangel Publishing Co.,Ltd. Posted 17.3 Million Yuan Net Loss in First Three Quarters of 2023

Tangel Publishing Co.,Ltd. (天舟文化股份有限公司) (300148.SZ) reported a net loss of 17.3 million yuan in the first three quarters of 2023, reversing a net profit of 17.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 243.3 million yuan in revenue, down 31.4% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 320 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.