Primeton Information Technologies,Inc. Posted 21.9 Million Yuan Net Loss in First Quarter of 2023

Primeton Information Technologies,Inc. (普元信息技术股份有限公司) (688118.SH) reported a net loss of 21.9 million yuan in the first quarter of 2023, widening 6.2% year-on-year.

Meanwhile, the company posted 66.8 million yuan in revenue, up 35.3% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 134 million yuan in total liabilities, with a liability-to-asset ratio of 13.6%.