Archermind Technology(Nanjing) Co.,Ltd. Posted 66.9 Million Yuan Net Loss in First Quarter of 2023

Archermind Technology(Nanjing) Co.,Ltd. (诚迈科技(南京)股份有限公司) (300598.SZ) reported a net loss of 66.9 million yuan in the first quarter of 2023, widening 45.7% year-on-year.

Meanwhile, the company posted 415.8 million yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 823 million yuan in total liabilities, with a liability-to-asset ratio of 39.6%.