Shenzhen Dvision Co.,Ltd. Posted 53.4 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Dvision Co.,Ltd. (深圳市迪威迅股份有限公司) (300167.SZ) reported a net loss of 53.4 million yuan in the first quarter of 2023, widening 38.8% year-on-year.

Meanwhile, the company posted 51.9 million yuan in revenue, down 50.6% year-on-year.

At the end of the reporting period, it had 672.7 million yuan in total assets and 568.8 million yuan in total liabilities, with a liability-to-asset ratio of 84.6%.