Tianjin Jiuri New Materials Co.,Ltd. Posted 65.1 Million Yuan Net Loss in First Three Quarters of 2023

Tianjin Jiuri New Materials Co.,Ltd. (天津久日新材料股份有限公司) (688199.SH) reported a net loss of 65.1 million yuan in the first three quarters of 2023, reversing a net profit of 109 million yuan for the same period in the previous year.

Meanwhile, the company posted 892.1 million yuan in revenue, down 19.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.5%.