Beijing E-Hualu Information Technology Co.,Ltd. Posted 44.5 Million Yuan Net Loss in First Quarter of 2023

Beijing E-Hualu Information Technology Co.,Ltd. (北京易华录信息技术股份有限公司) (300212.SZ) reported a net loss of 44.5 million yuan in the first quarter of 2023, reversing a net profit of 34.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 369.4 million yuan in revenue, down 37.5% year-on-year.

At the end of the reporting period, it had 14.6 billion yuan in total assets and 10.2 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.