Siasun Robot&Automation Co.,Ltd. Posted 55.2 Million Yuan Net Loss in First Quarter of 2023

Siasun Robot&Automation Co.,Ltd. (沈阳新松机器人自动化股份有限公司) (300024.SZ) reported a net loss of 55.2 million yuan in the first quarter of 2023, narrowing 17.6% year-on-year.

Meanwhile, the company posted 713.9 million yuan in revenue, up 45.2% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 7.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.