Yangguang Co.,Ltd. Posted 32.4 Million Yuan Net Loss in First Three Quarters of 2023

Yangguang Co.,Ltd. (阳光新业地产股份有限公司) (000608.SZ) reported a net loss of 32.4 million yuan in the first three quarters of 2023, reversing a net profit of 12 million yuan for the same period in the previous year.

Meanwhile, the company posted 278.1 million yuan in revenue, down 8.9% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 31.5%.