Zhejiang Great Southeast Company Limited Posted 4.3 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Great Southeast Company Limited (浙江大东南股份有限公司) (002263.SZ) reported a net loss of 4.3 million yuan in the first three quarters of 2023, reversing a net profit of 98.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 18.1% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 343.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.3%.