Tianyu Eco-Environment Co.,Ltd. Posted 172.8 Million Yuan Net Loss in First Three Quarters of 2023

Tianyu Eco-Environment Co.,Ltd. (天域生态环境股份有限公司) (603717.SH) reported a net loss of 172.8 million yuan in the first three quarters of 2023, reversing a net profit of 50.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 593.2 million yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.1%.