Jiangsu Leadmicro Nano Technology Co.,Ltd. Posted 1.1 Million Yuan Net Loss in First Quarter of 2023

Jiangsu Leadmicro Nano Technology Co.,Ltd. (江苏微导纳米科技股份有限公司) (688147.SH) reported a net loss of 1.1 million yuan in the first quarter of 2023, reversing a net profit of 2.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 75.8 million yuan in revenue, down 42.7% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57%.