Shanghai Microport Ep Medtech Co.,Ltd. Posted 9.3 Million Yuan Net Loss in First Quarter of 2023

Shanghai Microport Ep Medtech Co.,Ltd. (上海微创电生理医疗科技股份有限公司) (688351.SH) reported a net loss of 9.3 million yuan in the first quarter of 2023, widening 5675.6% year-on-year.

Meanwhile, the company posted 52.1 million yuan in revenue, down 6.3% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 127.1 million yuan in total liabilities, with a liability-to-asset ratio of 7.1%.