Fujian Nebula Electronics Co.,Ltd. Posted 33.7 Million Yuan Net Loss in First Quarter of 2023

Fujian Nebula Electronics Co.,Ltd. (福建星云电子股份有限公司) (300648.SZ) reported a net loss of 33.7 million yuan in the first quarter of 2023, widening 7.3% year-on-year.

Meanwhile, the company posted 157 million yuan in revenue, up 26.8% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.5%.