Sino Medical Sciences Technology Inc. Posted 18.6 Million Yuan Net Loss in First Quarter of 2023

Sino Medical Sciences Technology Inc. (赛诺医疗科学技术股份有限公司) (688108.SH) reported a net loss of 18.6 million yuan in the first quarter of 2023, narrowing 38.4% year-on-year.

Meanwhile, the company posted 73.2 million yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 161.8 million yuan in total liabilities, with a liability-to-asset ratio of 15.6%.