Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. Posted 3.7 Million Yuan Net Loss in First Quarter of 2023

Ningbo Gqy Video&Telecom Joint-Stock Co.,Ltd. (宁波GQY视讯股份有限公司) (300076.SZ) reported a net loss of 3.7 million yuan in the first quarter of 2023, widening 195.3% year-on-year.

Meanwhile, the company posted 19.2 million yuan in revenue, up 16.9% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 103.1 million yuan in total liabilities, with a liability-to-asset ratio of 9.3%.