Xi'An Chenxi Aviation Technology Corp.,Ltd. Posted 32.6 Million Yuan Net Loss in First Three Quarters of 2023

Xi"An Chenxi Aviation Technology Corp.,Ltd. (西安晨曦航空科技股份有限公司) (300581.SZ) reported a net loss of 32.6 million yuan in the first three quarters of 2023, reversing a net profit of 3.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 97.1 million yuan in revenue, down 17% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 217.2 million yuan in total liabilities, with a liability-to-asset ratio of 17.9%.