Zhongtong Guomai Communication Co.,Ltd. Posted 62.8 Million Yuan Net Loss in First Three Quarters of 2023

Zhongtong Guomai Communication Co.,Ltd. (中通国脉通信股份有限公司) (603559.SH) reported a net loss of 62.8 million yuan in the first three quarters of 2023, widening 28.4% year-on-year.

Meanwhile, the company posted 150.9 million yuan in revenue, down 30.9% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 76.5%.