Gospell Digital Technology Co.,Ltd. Posted 20.5 Million Yuan Net Loss in First Quarter of 2023

Gospell Digital Technology Co.,Ltd. (高斯贝尔数码科技股份有限公司) (002848.SZ) reported a net loss of 20.5 million yuan in the first quarter of 2023, reversing a net profit of 48.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 45.5 million yuan in revenue, down 61.8% year-on-year.

At the end of the reporting period, it had 564.2 million yuan in total assets and 362 million yuan in total liabilities, with a liability-to-asset ratio of 64.2%.