Hengli Industrial Development Group Co.,Ltd. Posted 3.2 Million Yuan Net Loss in First Quarter of 2023

Hengli Industrial Development Group Co.,Ltd. (恒立实业发展集团股份有限公司) (000622.SZ) reported a net loss of 3.2 million yuan in the first quarter of 2023, narrowing 1.9% year-on-year.

Meanwhile, the company posted 61.1 million yuan in revenue, down 8.2% year-on-year.

At the end of the reporting period, it had 333.6 million yuan in total assets and 135.4 million yuan in total liabilities, with a liability-to-asset ratio of 40.6%.