Jiangsu Skyray Instrument Co.,Ltd. Posted 5 Million Yuan Net Loss in First Quarter of 2023

Jiangsu Skyray Instrument Co.,Ltd. (江苏天瑞仪器股份有限公司) (300165.SZ) reported a net loss of 5 million yuan in the first quarter of 2023, reversing a net profit of 9.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 150.6 million yuan in revenue, down 23.3% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.9%.