Lanzhou Huanghe Enterprise Co.,Ltd. Posted 9.2 Million Yuan Net Loss in First Quarter of 2023

Lanzhou Huanghe Enterprise Co.,Ltd. (兰州黄河企业股份有限公司) (000929.SZ) reported a net loss of 9.2 million yuan in the first quarter of 2023, widening 47.4% year-on-year.

Meanwhile, the company posted 73.6 million yuan in revenue, up 1.4% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 224.9 million yuan in total liabilities, with a liability-to-asset ratio of 18.2%.