Jilin Liyuan Precision Manufacturing Co.,Ltd. Posted 41.5 Million Yuan Net Loss in First Quarter of 2023

Jilin Liyuan Precision Manufacturing Co.,Ltd. (吉林利源精制股份有限公司) (002501.SZ) reported a net loss of 41.5 million yuan in the first quarter of 2023, narrowing 45.7% year-on-year.

Meanwhile, the company posted 130.1 million yuan in revenue, up 11.3% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 683 million yuan in total liabilities, with a liability-to-asset ratio of 36%.