Quantumctek Co.,Ltd. Posted 16.6 Million Yuan Net Loss in First Quarter of 2023

Quantumctek Co.,Ltd. (科大国盾量子技术股份有限公司) (688027.SH) reported a net loss of 16.6 million yuan in the first quarter of 2023, narrowing 15.7% year-on-year.

Meanwhile, the company posted 30.5 million yuan in revenue, up 208.6% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 284.4 million yuan in total liabilities, with a liability-to-asset ratio of 14.8%.