Shenzhen Sunline Tech Co.,Ltd. Posted 5.8 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Sunline Tech Co.,Ltd. (深圳市长亮科技股份有限公司) (300348.SZ) reported a net loss of 5.8 million yuan in the first quarter of 2023, narrowing 16.3% year-on-year.

Meanwhile, the company posted 296 million yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 834.4 million yuan in total liabilities, with a liability-to-asset ratio of 35.9%.