Shenzhen Exc-Led Technology Co.,Ltd. Posted 18.2 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Exc-Led Technology Co.,Ltd. (深圳爱克莱特科技股份有限公司) (300889.SZ) reported a net loss of 18.2 million yuan in the first quarter of 2023, widening 76.6% year-on-year.

Meanwhile, the company posted 170.5 million yuan in revenue, up 21.7% 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 40.4%.