Wonders Information Co.,Ltd. Posted 48.6 Million Yuan Net Loss in First Quarter of 2023

Wonders Information Co.,Ltd. (万达信息股份有限公司) (300168.SZ) reported a net loss of 48.6 million yuan in the first quarter of 2023, reversing a net profit of 3.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 663.4 million yuan in revenue, down 18.8% year-on-year.

At the end of the reporting period, it had 8 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 60.6%.