Chongqing Yukaifa Co.,Ltd. Posted 20.4 Million Yuan Net Loss in First Quarter of 2023

Chongqing Yukaifa Co.,Ltd. (重庆渝开发股份有限公司) (000514.SZ) reported a net loss of 20.4 million yuan in the first quarter of 2023, widening 70.5% year-on-year.

Meanwhile, the company posted 47.1 million yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 46%.