Xingyuan Environment Technology Co.,Ltd. Posted 350.4 Million Yuan Net Loss in First Three Quarters of 2023

Xingyuan Environment Technology Co.,Ltd. (兴源环境科技股份有限公司) (300266.SZ) reported a net loss of 350.4 million yuan in the first three quarters of 2023, widening 135.4% year-on-year.

Meanwhile, the company posted 693.4 million yuan in revenue, down 26.7% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 87.9%.