Zhengping Road&Bridge Construction Co.,Ltd. Posted 135.3 Million Yuan Net Loss in First Three Quarters of 2023

Zhengping Road&Bridge Construction Co.,Ltd. (正平路桥建设股份有限公司) (603843.SH) reported a net loss of 135.3 million yuan in the first three quarters of 2023, reversing a net profit of 24.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 22.8% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 79.2%.