Tieling Newcity Investment Holding(Group) Limited Posted 85.3 Million Yuan Net Loss in First Three Quarters of 2023

Tieling Newcity Investment Holding(Group) Limited (铁岭新城投资控股(集团)股份有限公司) (000809.SZ) reported a net loss of 85.3 million yuan in the first three quarters of 2023, narrowing 7.4% year-on-year.

Meanwhile, the company posted 38.4 million yuan in revenue, up 72.7% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 26.3%.