Xiamen Meiya Pico Information Co.,Ltd. Posted 177.9 Million Yuan Net Loss in First Quarter of 2023

Xiamen Meiya Pico Information Co.,Ltd. (厦门市美亚柏科信息股份有限公司) (300188.SZ) reported a net loss of 177.9 million yuan in the first quarter of 2023, widening 187.1% year-on-year.

Meanwhile, the company posted 147.4 million yuan in revenue, down 53.9% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 25.8%.