Tangel Publishing Co.,Ltd. Posted 4.6 Million Yuan Net Loss in First Quarter of 2023

Tangel Publishing Co.,Ltd. (天舟文化股份有限公司) (300148.SZ) reported a net loss of 4.6 million yuan in the first quarter of 2023, narrowing 28.3% year-on-year.

Meanwhile, the company posted 52.5 million yuan in revenue, down 28.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 330.7 million yuan in total liabilities, with a liability-to-asset ratio of 22%.