Cashway Fintech Co.,Ltd. Posted 29.7 Million Yuan Net Loss in First Quarter of 2023

Cashway Fintech Co.,Ltd. (恒银金融科技股份有限公司) (603106.SH) reported a net loss of 29.7 million yuan in the first quarter of 2023, widening 62.1% year-on-year.

Meanwhile, the company posted 118.7 million yuan in revenue, up 5.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 670.4 million yuan in total liabilities, with a liability-to-asset ratio of 31.7%.