Beijing Jingwei Hirain Technologies Co.,Ltd. Posted 87.5 Million Yuan Net Loss in First Quarter of 2023

Beijing Jingwei Hirain Technologies Co.,Ltd. (北京经纬恒润科技股份有限公司) (688326.SH) reported a net loss of 87.5 million yuan in the first quarter of 2023, widening 175.8% year-on-year.

Meanwhile, the company posted 739 million yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39.2%.