Zhejiang Reclaim Construction Group Co.,Ltd. Posted 95.5 Million Yuan Net Loss in First Three Quarters of 2023

Zhejiang Reclaim Construction Group Co.,Ltd. (浙江省围海建设集团股份有限公司) (002586.SZ) reported a net loss of 95.5 million yuan in the first three quarters of 2023, widening 105% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 18.6% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.