Shandong Kehui Power Automation Co.,Ltd. Posted 5.2 Million Yuan Net Loss in First Quarter of 2023

Shandong Kehui Power Automation Co.,Ltd. (山东科汇电力自动化股份有限公司) (688681.SH) reported a net loss of 5.2 million yuan in the first quarter of 2023, narrowing 61.6% year-on-year.

Meanwhile, the company posted 55.8 million yuan in revenue, up 25.9% year-on-year.

At the end of the reporting period, it had 739.5 million yuan in total assets and 174.4 million yuan in total liabilities, with a liability-to-asset ratio of 23.6%.