Beijing Creative Distribution Automation Co.,Ltd. Posted 36.8 Million Yuan Net Loss in First Quarter of 2023

Beijing Creative Distribution Automation Co.,Ltd. (北京科锐配电自动化股份有限公司) (002350.SZ) reported a net loss of 36.8 million yuan in the first quarter of 2023, narrowing 52.4% year-on-year.

Meanwhile, the company posted 239.3 million yuan in revenue, up 0.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.