Tianjin Teda Co.,Ltd. Posted 55.7 Million Yuan Net Loss in First Quarter of 2023

Tianjin Teda Co.,Ltd. (天津泰达股份有限公司) (000652.SZ) reported a net loss of 55.7 million yuan in the first quarter of 2023, widening 48.9% year-on-year.

Meanwhile, the company posted 4.6 billion yuan in revenue, up 89.6% year-on-year.

At the end of the reporting period, it had 40.3 billion yuan in total assets and 33.7 billion yuan in total liabilities, with a liability-to-asset ratio of 83.8%.