Anhui Ronds Science&Technology Incorporated Company Posted 19.8 Million Yuan Net Loss in First Quarter of 2023

Anhui Ronds Science&Technology Incorporated Company (安徽容知日新科技股份有限公司) (688768.SH) reported a net loss of 19.8 million yuan in the first quarter of 2023, widening 46% year-on-year.

Meanwhile, the company posted 57.2 million yuan in revenue, up 44.2% year-on-year.

At the end of the reporting period, it had 948.5 million yuan in total assets and 200.8 million yuan in total liabilities, with a liability-to-asset ratio of 21.2%.