Shenzhen Kingdom Sci-Tech Co.,Ltd. Posted 82.3 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Kingdom Sci-Tech Co.,Ltd. (深圳市金证科技股份有限公司) (600446.SH) reported a net loss of 82.3 million yuan in the first quarter of 2023, widening 53.3% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 2.8% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.7%.