Digital China(Si-Tech) Information Technology Ltd. Posted 45.8 Million Yuan Net Loss in First Quarter of 2023

Digital China(Si-Tech) Information Technology Ltd. (北京思特奇信息技术股份有限公司) (300608.SZ) reported a net loss of 45.8 million yuan in the first quarter of 2023, narrowing 16.4% year-on-year.

Meanwhile, the company posted 74.6 million yuan in revenue, down 14.5% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 38.9%.