Zhengzhou Tiamaes Technology Co.,Ltd. Posted 15.7 Million Yuan Net Loss in First Quarter of 2023

Zhengzhou Tiamaes Technology Co.,Ltd. (郑州天迈科技股份有限公司) (300807.SZ) reported a net loss of 15.7 million yuan in the first quarter of 2023, narrowing 6.4% year-on-year.

Meanwhile, the company posted 19.3 million yuan in revenue, down 49.8% year-on-year.

At the end of the reporting period, it had 712.8 million yuan in total assets and 132.5 million yuan in total liabilities, with a liability-to-asset ratio of 18.6%.