Guangxi Hechi Chemical Co.,Ltd. Posted 1.6 Million Yuan Net Loss in First Quarter of 2023

Guangxi Hechi Chemical Co.,Ltd. (广西河池化工股份有限公司) (000953.SZ) reported a net loss of 1.6 million yuan in the first quarter of 2023, widening 13.2% year-on-year.

Meanwhile, the company posted 57.8 million yuan in revenue, up 41.1% year-on-year.

At the end of the reporting period, it had 298 million yuan in total assets and 205 million yuan in total liabilities, with a liability-to-asset ratio of 68.8%.