Rastar Group Posted 41.6 Million Yuan Net Loss in First Quarter of 2023

Rastar Group (星辉互动娱乐股份有限公司) (300043.SZ) reported a net loss of 41.6 million yuan in the first quarter of 2023, widening 330.6% year-on-year.

Meanwhile, the company posted 321.5 million yuan in revenue, down 12.9% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.