Shanghai Huahongjt Smart System Co.,Ltd. Posted 7.9 Million Yuan Net Loss in First Quarter of 2023

Shanghai Huahongjt Smart System Co.,Ltd. (上海华虹计通智能系统股份有限公司) (300330.SZ) reported a net loss of 7.9 million yuan in the first quarter of 2023, widening 36.5% year-on-year.

Meanwhile, the company posted 42.9 million yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 553.7 million yuan in total assets and 201.2 million yuan in total liabilities, with a liability-to-asset ratio of 36.3%.