Eastone Century Technology Co.,Ltd. Posted 1.5 Million Yuan Net Loss in First Quarter of 2023

Eastone Century Technology Co.,Ltd. (宜通世纪科技股份有限公司) (300310.SZ) reported a net loss of 1.5 million yuan in the first quarter of 2023, widening 45.7% year-on-year.

Meanwhile, the company posted 557.2 million yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 35.9%.