Zhejiang East Crystal Electronic Co.,Ltd. Posted 13.9 Million Yuan Net Loss in First Quarter of 2023

Zhejiang East Crystal Electronic Co.,Ltd. (浙江东晶电子股份有限公司) (002199.SZ) reported a net loss of 13.9 million yuan in the first quarter of 2023, widening 168.4% year-on-year.

Meanwhile, the company posted 38.7 million yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 532.6 million yuan in total assets and 179.5 million yuan in total liabilities, with a liability-to-asset ratio of 33.7%.