Venustech Group Inc. Posted 68 Million Yuan Net Loss in First Quarter of 2023

Venustech Group Inc. (启明星辰信息技术集团股份有限公司) (002439.SZ) reported a net loss of 68 million yuan in the first quarter of 2023, narrowing 30.9% year-on-year.

Meanwhile, the company posted 787.7 million yuan in revenue, up 39.6% year-on-year.

At the end of the reporting period, it had 9.8 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 24.8%.