Sichuan Xinjinlu Group Co.,Ltd. Posted 23.5 Million Yuan Net Loss in First Quarter of 2023

Sichuan Xinjinlu Group Co.,Ltd. (四川新金路集团股份有限公司) (000510.SZ) reported a net loss of 23.5 million yuan in the first quarter of 2023, reversing a net profit of 32.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 836.7 million yuan in revenue, up 0.8% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.4%.