Ligeance Aerospace Technology Co.,Ltd. Posted 269.1 Million Yuan Net Loss in First Three Quarters of 2023

Ligeance Aerospace Technology Co.,Ltd. (炼石航空科技股份有限公司) (000697.SZ) reported a net loss of 269.1 million yuan in the first three quarters of 2023, narrowing 8% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 14.6% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 122.2%.