Beijing Urban-Rural Commercial(Group) Co.,Ltd. Posted 30.3 Million Yuan Net Loss in First Quarter of 2023

Beijing Urban-Rural Commercial(Group) Co.,Ltd. (北京城乡商业(集团)股份有限公司) (600861.SH) reported a net loss of 30.3 million yuan in the first quarter of 2023, widening 65.9% year-on-year.

Meanwhile, the company posted 152.5 million yuan in revenue, down 18.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 726.1 million yuan in total liabilities, with a liability-to-asset ratio of 26%.