Sichuan Etrol Technologies Co.,Ltd. Posted 71 Million Yuan Net Loss in First Quarter of 2023

Sichuan Etrol Technologies Co.,Ltd. (四川安控科技股份有限公司) (300370.SZ) reported a net loss of 71 million yuan in the first quarter of 2023, narrowing 0.6% year-on-year.

Meanwhile, the company posted 54.1 million yuan in revenue, down 27.3% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 718.6 million yuan in total liabilities, with a liability-to-asset ratio of 47.6%.