Anhui Deli Household Glass Co.,Ltd. Posted 52.7 Million Yuan Net Loss in First Quarter of 2023

Anhui Deli Household Glass Co.,Ltd. (安徽德力日用玻璃股份有限公司) (002571.SZ) reported a net loss of 52.7 million yuan in the first quarter of 2023, reversing a net profit of 2.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 297 million yuan in revenue, up 21.2% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.