Fujian Rongji Software Co.,Ltd. Posted 26.7 Million Yuan Net Loss in First Quarter of 2023

Fujian Rongji Software Co.,Ltd. (福建榕基软件股份有限公司) (002474.SZ) reported a net loss of 26.7 million yuan in the first quarter of 2023, reversing a net profit of 10.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 48.7 million yuan in revenue, down 62.3% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.4%.