Xiwang Foodstuffs Co.,Ltd. Posted 8.7 Million Yuan Net Loss in First Three Quarters of 2023

Xiwang Foodstuffs Co.,Ltd. (西王食品股份有限公司) (000639.SZ) reported a net loss of 8.7 million yuan in the first three quarters of 2023, narrowing 87.2% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, down 10.5% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.8%.