Anhui Anli Material Technology Co.,Ltd. Posted 15.5 Million Yuan Net Loss in First Quarter of 2023

Anhui Anli Material Technology Co.,Ltd. (安徽安利材料科技股份有限公司) (300218.SZ) reported a net loss of 15.5 million yuan in the first quarter of 2023, reversing a net profit of 179.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 434 million yuan in revenue, down 10.4% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 812 million yuan in total liabilities, with a liability-to-asset ratio of 36.6%.