Tianjin Jieqiang Power Equipment Co.,Ltd. Posted 21.5 Million Yuan Net Loss in First Three Quarters of 2023

Tianjin Jieqiang Power Equipment Co.,Ltd. (天津捷强动力装备股份有限公司) (300875.SZ) reported a net loss of 21.5 million yuan in the first three quarters of 2023, widening 7.8% year-on-year.

Meanwhile, the company posted 204 million yuan in revenue, up 141.7% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 228.2 million yuan in total liabilities, with a liability-to-asset ratio of 14.2%.