Apr 28, 2023 08:00 AM

Shanghai Kinlita Chemical Co.,Ltd. Posted 3.2 Million Yuan Net Loss in First Quarter of 2023

By Caixin Automation

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Shanghai Kinlita Chemical Co.,Ltd. (上海金力泰化工股份有限公司) (300225.SZ) reported a net loss of 3.2 million yuan in the first quarter of 2023, narrowing 88% year-on-year.

Meanwhile, the company posted 159.7 million yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 335.6 million yuan in total liabilities, with a liability-to-asset ratio of 30.4%.

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