Kyland Technology Co.,Ltd. Posted 65.4 Million Yuan Net Loss in First Quarter of 2023

Kyland Technology Co.,Ltd. (北京东土科技股份有限公司) (300353.SZ) reported a net loss of 65.4 million yuan in the first quarter of 2023, narrowing 8.2% year-on-year.

Meanwhile, the company posted 174.4 million yuan in revenue, up 72.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.