Anhui Ankai Automobile Co.,Ltd. Posted 32.8 Million Yuan Net Loss in First Quarter of 2023

Anhui Ankai Automobile Co.,Ltd. (安徽安凯汽车股份有限公司) (000868.SZ) reported a net loss of 32.8 million yuan in the first quarter of 2023, narrowing 34.8% year-on-year.

Meanwhile, the company posted 231.4 million yuan in revenue, down 29.4% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 98.6%.