Guo Anda Co.,Ltd. Posted 6.3 Million Yuan Net Loss in First Quarter of 2023

Guo Anda Co.,Ltd. (国安达股份有限公司) (300902.SZ) reported a net loss of 6.3 million yuan in the first quarter of 2023, reversing a net profit of 8.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 39.9 million yuan in revenue, down 41.5% year-on-year.

At the end of the reporting period, it had 902.9 million yuan in total assets and 92.8 million yuan in total liabilities, with a liability-to-asset ratio of 10.3%.