Zhejiang Unifull Industrial Fibre Co.,Ltd. Posted 8.7 Million Yuan Net Loss in First Quarter of 2023

Zhejiang Unifull Industrial Fibre Co.,Ltd. (浙江尤夫高新纤维股份有限公司) (002427.SZ) reported a net loss of 8.7 million yuan in the first quarter of 2023, narrowing 95.1% year-on-year.

Meanwhile, the company posted 664.7 million yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.