Fujian Foxit Software Development Joint Stock Co.,Ltd. Posted 11.3 Million Yuan Net Loss in First Quarter of 2023

Fujian Foxit Software Development Joint Stock Co.,Ltd. (福建福昕软件开发股份有限公司) (688095.SH) reported a net loss of 11.3 million yuan in the first quarter of 2023, reversing a net profit of 5 million yuan for the same period in the previous year.

Meanwhile, the company posted 144.4 million yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 369.3 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.